Palmilla Del Oro Homeowners Association

Key facts from Palmilla Del Oro Homeowners Association's documents

Reflects the 2012 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Recitals (C) and Section 1.12)

Legal name

PALMILLA DEL ORO HOMEOWNERS ASSOCIATION (Title and Section 1.4)

Governing law

California Civil Code Sections 1351 et seq., California Corporations Code Section 7341, etc. (Sections 1.4, 1.12, 3.2(D), 5.11, and re)

Assessments & dues

Board establishes Regular Assessments based on budget; cannot increase by more than 20% over prior year without membership vote; 30-90 days notice required (Sections 5.3(A), 5.3(B), 5.3(D))

Special assessments

Board may levy Special Assessments for capital improvements or other purposes; max 5% of budgeted gross expenses without membership vote; emergency exceptions (court order, safety, unforeseen expense) (Section 5.4, 5.4(A))

Collections & liens

Unpaid Assessments become a lien on the Condominium; may be foreclosed like a mortgage, including nonjudicial sale under California law; lien subordinate to first mortgage and taxes (Sections 5.2, 5.8, 5.9, 5.11, 5.12)

Reserves & fees

Budget includes reserves for maintenance, repair, replacement of Common Area and Common Facilities (Section 1.10(C): 'amounts reasonably nec)

Pets

Section 6.2 covers pets; specific rules not provided in text (Table of Contents: 'Section 6.2. Pets')

Leasing & rentals

Yes, with provisions (Article 8: 'RENTAL/LEASING OF CONDOMINIU)

Fences

Not explicitly in provided text (No mention)

Home business

Legal trade or business may be conducted as long as no external... (text cut off, but implies no exterior indication) (Section 6.1(B) (partial): 'Legal trade o)

Insurance

Owner's insurance required per Section 11.2 and individual fire/casualty per 11.3 (Sections 11.2, 11.3)

Use restrictions

Units restricted to residential use; occupation by single family only (Section 6.1(A), 6.1(B))

Voting & meetings

One vote per Condominium owned; fractional votes not allowed; joint owners must agree or lose vote (Sections 2.2, 2.4)

Amendments

Article 17: General amendments per Section 17.1; amendments requiring approval of Eligible Mortgage Holders per Section 17.2 (Article 17)

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