Villa Portofino Owners Association

Key facts from Villa Portofino Owners Association's documents

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

Community type

Homeowners Association

Legal name

Villa Portofino Homeowners Association

Units / lots

721 (Recital B of 2022 Amendment; Section 2.2)

Developer / declarant

Christiana Community Builders, a California corporation (Preamble and Recital A of 2009 Restated )

Governing law

Davis-Stirling Common Interest Subdivision Act (California Civil Code Section 1350 et seq.) (Recital D of 2009 Restated Declaration)

Assessments & dues

Determined annually by Board; not specified (Section 4.3)

Special assessments

Permitted for capital improvements or extraordinary expenses; emergency exceptions (court order, threat to safety, unforeseeable expense) (Sections 4.4, 4.5 of 2009 Restated Decla)

Collections & liens

Lien may be recorded after 30-day notice; requires Board vote; foreclosure allowed for delinquencies >= $1,800 or >12 months; redemption period 90 days; lien subordinate to first mortgage (Sections 4.10, 4.11 of 2009 Restated Dec)

Reserves & fees

Annual contribution required; reserve study every 3 years if replacement value >= 1/2 gross budget; reserve funds for components with <30 year useful life (Sections 4.3.2, 5.2.7 of 2009 Restated D)

Voting & meetings

One vote per Lot; one class of membership; no fractional votes; joint owners must agree or lose vote (Sections 3.4 and 3.5 of 2009 Restated De)

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