Villa Madeira Property Owners Association, Inc.

Key facts from Villa Madeira Property Owners Association, Inc.'s documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Mobile Home Cooperative Housing Development (stock cooperative) (Preamble; Article IV, Section 1)

Legal name

VILLA MADEIRA PROPERTY OWNERS' ASSOCIATION

Units / lots

105 (Article II)

Developer / declarant

Villa Madeira Property Owners’ Association, Inc., a California non-profit corporation (Article I, Section 1)

Governing law

California Business and Professions Code Section 11003.2 (stock cooperative), California Civil Code sections referenced (e.g., Section 1365.7, 2924 et seq.) (Preamble; Article VII, Section 1; Articl)

Assessments & dues

Determined by Board of Directors; includes amounts due from members financing purchases (Article VI, Section 3(a)-(b))

Reserves & fees

Required by Bylaws or, in absence, amount determined by Board for replacement, major maintenance and major repairs of common area improvements (Article VI, Section 2(c))

Leasing & rentals

30 days minimum (Article IX, Section 30)

Architectural approval

Plans and specifications submitted to Board or appointed committee; approval/disapproval within 60 days, else deemed approved (Article IX, Section 9(b))

Signs & flags

One sign for sale of membership and mobile home, not exceeding 200 square inches; no permanent signs allowed (Article IX, Section 20)

Setbacks / home size

Interior area at least 800 square feet; must be double wide (Article IX, Section 16)

Insurance

Members must carry personal liability, property damage and fire insurance respecting their individual occupancy lots and improvements as required by Board (Article VII, Section 8)

Use restrictions

All lots used solely for single family mobile home residences (Article IX, Section 1)

Voting & meetings

Each membership entitled to one vote; voting by written ballot except where greater majority required (Article I, Section 9; Article IV, Sectio)

Amendments

By execution of amended declaration or amendment acknowledged by not less than two-thirds of membership entitled to vote; Article VI requires three-fourths to amend that article (Article XIII; Article VI, Section 3(h))

Amenities

Swimming and therapy pool, recreation building with laundry facilities, flat court area (1993 version adds shuffleboard courts); common area includes landscaping, walkways (Article II; Article IX, Section 10)

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