Lakeridge Park Condominium Association

Key facts from Lakeridge Park Condominium Association's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Common Interest Subdivision) (Recital D: 'Common Interest Subdivision )

Governing law

Davis-Stirling Common Interest Subdivision Act (California Civil Code §1350 et seq.) (Recital D)

Special assessments

Permitted for capital improvements or extraordinary expenses (Section 4.4) (Table of Contents Article IV Section 4.4)

Collections & liens

Annual and Special Assessments are a continuing lien on the separate interest; personal obligation of owner; includes interest, costs, and reasonable attorneys' fees (Section 4.1)

Leasing & rentals

Yes (Sections 2.9-2.11)

Parking & vehicles

Subject to Sections 7.6 and 7.7; no details provided in document excerpt (Sections 7.6, 7.7)

Architectural approval

Yes, for any improvements (Article VIII) (Section 8.1, 8.4)

Home business

Prohibited (Section 7.4 'No Commercial Use')

Signs & flags

Subject to restrictions (Section 7.9) (Section 7.9)

Insurance

Association shall maintain insurance (Article IX) (Table of Contents Article IX)

Use restrictions

Yes (Section 7.1 'Single Family Use')

Voting & meetings

Each condominium one vote; joint owners must agree; fractional votes not allowed; loss of vote if disagreement (Sections 3.4, 3.5)

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