Anchorage Homeowners Association

Key facts from Anchorage Homeowners Association's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article 1.10 ('Condominium' definition);)

Legal name

Anchorage Homeowners Association

Developer / declarant

Anchorage Lane II, LLC

Governing law

California Common Interest Development Act (Civil Code Sections 1350 et seq.) (Preamble; Article 1.9)

Assessments & dues

Board determines operating budget; total Project annual regular assessment = budget less surplus. Divided equally among units unless changed by amendment. Regular assessment period Jan 1 to Dec 31; payable in equal monthly installments. (Article 4.5)

Special assessments

Allowed for capital improvements, unallocated taxes; requires vote or written assent of 75% voting power unless for court order, safety emergency, or unforeseen expense (then Board resolution). (Article 4.6(a); Article 4.7 exceptions)

Collections & liens

Lien arises upon recordation of Notice of Delinquent Assessment; can be foreclosed by sale under power of sale or judicial action; subordinated to first mortgage; personal obligation remains. (Article 4.1, 4.12, 4.13, 4.14)

Reserves & fees

Adequate reserve fund maintained out of regular assessments for periodic maintenance, repair, replacement; accounted for as contributions to capital, segregated; use limited to designated repairs, replacements, litigation; temporary transfe (Article 4.5(a), 4.9, 4.10)

Pets

Yes, but only dogs, cats, or other household pets; no animals, livestock, reptiles, or poultry raised, bred, or kept; maximum two pets per unit. (Article 7.8)

Leasing & rentals

Yes, any Owner may lease his Living Unit. (Article 7.11)

Architectural approval

Yes; all construction, alteration, improvement, or addition on any Living Unit or Exclusive Use Common Area requires prior written approval of Architectural Control Committee. (Article 7.12; Article 8.17)

Maintenance

Association (roofs are part of Common Area per Article 2.2(b)) (Article 2.2(b); Article 5.1(a))

Voting & meetings

Two classes: Class A (all Owners except Declarant) – 1 vote per unit; Class B (Declarant) – triple votes per unit. Class B converts to Class A when total Class A votes equal tripled Class B votes or on second anniversary of final subdivisio (Article 3.4)

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