Surfcrest Two, Inc.

Key facts from Surfcrest Two, Inc.'s documents

Reflects the 1996 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Development (Art. I, Sec. 4)

Legal name

Surfcrest Two

Governing law

California Civil Code §1351(k) (Art. I, Sec. 4)

Assessments & dues

Initially up to $118.00 per Lot per month until July 1 of year following first conveyance (Art. IV, Sec. 3(a))

Special assessments

Board may levy for capital improvements; if exceeds 5% of budgeted gross expenses, requires majority vote at quorum meeting (Art. IV, Sec. 4)

Collections & liens

Assessments become lien after recording notice; foreclosure allowed after 30 days notice; sale per Civil Code §§2924,2924b,2924c (Art. IV, Sec. 1; Art. V, Sec. 1-3)

Reserves & fees

Association must maintain reserves for major components; budget includes reserve summary (Art. VIII, Sec. 4; Art. I, Sec. 14-15)

Pets

Yes, dogs, cats, or other household pets (Art. VII, Sec. 6)

Parking & vehicles

Prohibited unless in private garage or otherwise screened from public view (Art. VII, Sec. 8)

Architectural approval

Yes, for any building, fence, wall, structure, landscaping, exterior change (including paint, paneling, major relandscaping) (Art. VI, Sec. 1)

Signs & flags

One sign per building site, not more than 18"x24", advertising property for sale or rent; signs by Declarant allowed (Art. VII, Sec. 3)

Maintenance

Association maintains roofs as part of Separately Owned Building Structures (Art. I, Sec. 16; Art. VIII, Sec. 1(b))

Insurance

Not exceed lesser of $10,000 or 1% of policy face amount (Art. VIII, Sec. 1(g)(i))

Use restrictions

Lots used only for residential purposes, single-family dwellings (Art. VII, Sec. 1)

Voting & meetings

Two classes: Class A (one vote per lot), Class B (three votes per lot until conversion) (Art. III, Sec. 2)

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