Escondido Village Owners Association, Inc.

Key facts from Escondido Village Owners Association, Inc.'s documents

Reflects the 1980 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Page 5, states Project is Condominium as)

Legal name

Escondido Village Owners Association, Inc.

Units / lots

200 (Article II, 2.2, 'totalling 200 Units')

Governing law

California Civil Code Sections 783, 1350, 1351, 1355, 1358, 1359 (Page 5-6, references these sections)

Assessments & dues

Maximum monthly assessment $77.58 per Condominium initially (Article VIII, 8.4.1)

Special assessments

For capital improvements: requires 51% vote of each class (or majority of members and non-Declarant if Declarant holds 25%+ after conversion). Also special assessment for compliance costs recoverable after Board vote and hearing. (Article VIII, 8.5)

Collections & liens

Delinquent assessments become lien upon recording notice of delinquency; lien priority (except taxes and first mortgage); Association may foreclose or bring personal action; sale per Civil Code 2924; Association may bid; attorneys fees and (Article IX, 9.1-9.5)

Reserves & fees

Association shall maintain adequate reserve fund for periodic replacement of common elements; funded by monthly assessments; separate trust account required. (Article VIII, 8.2)

Voting & meetings

Two classes: Class A (non-Declarant Owners, 1 vote per Condominium); Class B (Declarant, 3 votes per Condominium owned). Class B converts to A upon earliest of: (a) when Class A votes equal Class B; (b) 2 years after Final Subdivision Publi (Article IV, 4.1.4)

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