Villa Venusto Homeowners Association

Key facts from Villa Venusto Homeowners Association's documents

Reflects the 1992 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Recital C: Condominium Common Interest D)

Developer / declarant

Sunland Rancho Bernardo Partnership, a California Limited Partnership (Opening paragraph before Recitals)

Governing law

Davis-Stirling Common Interest Development Act (California Civil Code Section 1351 et seq) (Recital C)

Special assessments

Board may levy special assessments if estimated common expenses inadequate; levied on same basis as regular assessments, except for major structural repair which is based on floor area ratio. (Article 5.4 SPECIAL ASSESSMENTS)

Collections & liens

Assessments become a lien upon recordation of Notice of Delinquent Assessment; lien may be foreclosed. Personal obligation of owner at time assessment fell due. (Article 5.1 COVENANT FOR ASSESSMENTS, Ar)

Reserves & fees

Regular assessments include a reserve fund for long-term or periodic maintenance, repair, replacement. (Article 5.1(a))

Pets

Yes, but subject to rules (Article 7.6 PETS). (Table of Contents and Article 7.6 (title)

Signs & flags

Restrictions on signs (Article 7.8 SIGNS). (Table of Contents and Article 7.8)

Maintenance

Owner liable for damage from within a unit. (Article 9.4 DAMAGE FROM WITHIN A UNIT)

Use restrictions

Condominiums must be used for residential purposes. (Article 7.2 USE OF CONDOMINIUMS (inferre)

Voting & meetings

Two classes: Class A (each Owner other than Declarant, 1 vote per condominium); Class B (Declarant, 3 votes per condominium owned). Class B converts to Class A upon first to occur: (a) 2 years after conveyance of first Living Unit in most r (Article 2.2 CLASSES OF VOTING RIGHTS, Ar)

Amendments

Amendment of Declaration is provided for (Article 18 likely). (Table of Contents (Article 18 GENERAL PR)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.