Hampton Village Association

Key facts from Hampton Village Association's documents

Reflects the 1992 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Hampton Village Owners Association, a California nonprofit mutual benefit corporation) (Second Amendment, page 6 (acknowledgment)

Legal name

Hampton Village Association

Units / lots

120 (Lots 1-114 inclusive and Lots A-F) (Second Amendment, Exhibit A (page 7))

Developer / declarant

Southfork Partnership, a California general partnership (Second Amendment, page 1 (recital of ori)

Governing law

California Civil Code section 1355(a); California Corporations Code section 7513 (Second Amendment, sections 9 and 7.06)

Assessments & dues

Board prepares annual budget 45-60 days before fiscal year; total estimated common expenses (less other income) becomes aggregate Regular Assessment; allocated equally per lot (Second Amendment, section 7.04(a),(b),(d)

Special assessments

Board may levy Special Assessments for deficits from extraordinary expenses (within year) and capital improvements; any Special Assessment aggregate exceeding 5% of budgeted gross expenses requires membership approval (majority of quorum); (Second Amendment, sections 7.05(a),(b) ()

Collections & liens

Special Assessments are a separate debt and a lien against the lot; payment terms specified (Second Amendment, section 7.05(c) (page )

Reserves & fees

Reserve funds established to defray costs of future repairs, replacement, additions to Common Facilities (Second Amendment, section 7.04(a) (page )

Parking & vehicles

Commercial vans used in a trade or business are prohibited (Second Amendment, section 3.04C (page 1))

Architectural approval

Architectural Control Committee exists, composed of three owners appointed by Board; no further process details provided (Second Amendment, section 3.20 (page 1))

Voting & meetings

Each member one vote per lot owned; no more than one vote per lot if multiple owners; voting may be suspended under section 12.01 (Second Amendment, section 5.03 (page 1-2)

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