Tyrian Street Owners Association

Key facts from Tyrian Street Owners Association's documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

A Condominium Common Interest Development (Page 1 subtitle)

Legal name

Tyrian Street Owners Association

Developer / declarant

6762 Tyrian St. LLC, a California limited liability company (Section 1.15; Recitals)

Governing law

Davis-Stirling Common Interest Development Act (California Civil Code Part 5, Section 4000 et seq.) (Section 1.1)

Assessments & dues

Board adopts annual budget and sets regular assessments accordingly. (Section 3.2: based upon the annual budge)

Reserves & fees

Greater of $10 or 10% of each delinquent assessment (Section 3.9: (ii) a late charge ... not )

Pets

true (Section 5.8: a reasonable number of dogs)

Leasing & rentals

true (Section 5.3: Each Owner shall have the r)

Architectural approval

true (Section 6.1: No improvements or exterior)

Maintenance

Association maintains Common Area (Section 7.1, 7.2). Owner maintains Residential Unit and any exclusive use common area within the unit; including fences, walls, etc. (Section 7.3). (Article VII generally)

Insurance

Owners shall maintain insurance on their own personal property and liability. (Section 10.5)

Use restrictions

true (Section 5.2: Residential Units shall be )

Voting & meetings

Class A: one vote per Condominium owned (Owner); Class B: Declarant gets three votes per Condominium owned (Section 2.2(a) and (b))

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