Glenwood Springs Homeowners Association

Key facts from Glenwood Springs Homeowners Association's documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

GLENWOOD SPRINGS HOMEOWNERS ASSOCIATION, a California nonprofit mutual benefit corporation (Article I Section 4)

Units / lots

Lots 191 through 198 of Map No. 9504 (8 lots) plus Lot 199 for Recreational Area (Recital 1; Article I Section 34)

Developer / declarant

Original developer of the Development (not named) (Article I Section 18)

Governing law

California Civil Code sections 1351, 1355, and successor statutes (Recital 3, Recital 4, Article I Section )

Assessments & dues

Board prepares annual budget 45-60 days before fiscal year; total estimated Common Expenses (less other income) become aggregate Regular Assessment, allocated equally per Condominium (Article V Section 2(A), (D))

Special assessments

Board may levy Special Assessments for deficits or capital improvements; if aggregate exceeds 5% of budgeted gross expenses, must have majority Member approval (except emergencies) (Article V Section 3)

Collections & liens

All assessments are a lien on the Condominium; may be foreclosed as mortgage or by power of sale under California Civil Code Section 2924 and 1367 (Article V Sections 1(C), 11)

Reserves & fees

$10 or 10% of assessment amount, whichever greater, or as authorized by California law (Article V Section 9)

Pets

Yes, limited to usual and ordinary pets (Article VI Section 2)

Leasing & rentals

Yes, but not for transient or hotel purposes (Article VI Section 1(C))

Parking & vehicles

Motor vehicles must be parked properly to ensure access for emergency vehicles, adequate guest parking, pedestrian and vehicle safety, and aesthetic quality; Board may adopt rules for guest spaces and restrictions on types, condition, and a (Article VI Section 5)

Maintenance

Association maintains Common Area and Common Facilities; Owner maintains Living Unit interior and Exclusive Use Common Area (e.g., Balconies, Patios) as per Article X (Article X Sections 1, 2, 3; Article I Se)

Insurance

Association shall secure and maintain insurance policies as provided in Article XV (Article IV Section 2(H); Article XV Sect)

Use restrictions

Living Units restricted exclusively to Residential Use, single-family occupancy (Article VI Section 1(A))

Voting & meetings

Each Condominium Owner is a Member entitled to vote per Articles and Bylaws (Article II Section 1)

Amendments

75% of Owners voted to amend and restate in March 2003; Article XIII governs future amendments (details not fully visible) (Recital 4; Article XIII (referenced in T)

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