Asbury Court Homeowners Association

Key facts from Asbury Court Homeowners Association's documents

Reflects the 1987 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Asbury Court Homeowners Association

Developer / declarant

JOHN W. LINDSAY, MARIE L. LINDSAY AND MARK W. LINDSAY (Declaration opening)

Management

Condominium Consultants, Inc.

Governing law

Davis-Stirling Common Interest Development Act (Recitals, paragraph C)

Assessments & dues

Maximum regular assessment until Jan 1 after first conveyance: L-1 $652.68, L-2 $1,118.40, L-3 $1,438.92 (Section 3.3)

Special assessments

Board may levy special assessment for inadequate funds, unexpected repairs, capital improvements; prorated or immediate (Section 3.4)

Collections & liens

Assessment is a lien upon recording Notice of Delinquent Assessment; subordinated to first mortgages; foreclosure by judicial or nonjudicial sale (Sections 3.10, 3.11)

Reserves & fees

Board shall establish Reserve Account for capital improvements, replacements, painting, repairs; also Operating Account (Section 3.17)

Pets

Yes, domesticated pets such as dogs, cats or other usual household pets (Section 4.4)

Signs & flags

One sign of customary dimensions for sale/lease allowed; others require Board permission; Declarant may install signs during sales period (Section 4.6)

Use restrictions

Private single-family dwelling purposes only (Section 4.1)

Voting & meetings

Two classes: Class A (one vote per Condominium) and Class B (Declarant, two votes per Condominium owned) (Section 2.1)

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