Balboa Greens Homeowners Association

Key facts from Balboa Greens Homeowners Association's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Balboa Greens Homeowners Association

Developer / declarant

COPPERSTONE DEVELOPERS, INC., A COLORADO CORPORATION

Governing law

Davis-Stirling Common Interest Development Act (California Civil Code Section 1351(f)) (Section 1.2)

Assessments & dues

By Board budgeting; regular assessments determined each fiscal year based on estimated Common Expenses (Section 11.4.2 Budgeting; Section 11.14 )

Special assessments

Permitted by vote of Board or membership; procedures in Section 11.7 (Section 11.7 Special Assessments)

Collections & liens

Association has lien on each unit for unpaid assessments; may foreclose; procedures in Section 11.23 (Section 11.23 Collection of Assessments;)

Reserves & fees

Reasonable reserves as deemed appropriate by the Board (Section 3.8(i)); reserve funds maintained and used as determined by Board (Section 11.30, 11.31) (Section 3.8(i), Section 11.30 Financial )

Pets

Pets allowed subject to restrictions (Section 12.4 Pets) (Section 12.4)

Leasing & rentals

Leases allowed subject to requirements (Section 12.2 Lease of Dwelling) (Section 12.2)

Parking & vehicles

Restricted vehicles include commercial vehicles? Section 12.24.2 Restricted Vehicles (details not provided in excerpt) (Section 12.24.2)

Fences

Fences and walls regulated (Section 12.14 Fences; Walls) (Section 12.14)

Architectural approval

Architectural Review Committee (ARC) approves changes; Section 13.2 Restricted Activity, Section 13.3 Plan Submission; Review (Article 13, particularly Sections 13.2, )

Signs & flags

Signs regulated; no signs without approval except those by Declarant for marketing (Section 12.6) (Section 12.6 Signs)

Maintenance

Owner responsible for maintenance of interior of unit, Exclusive Use Common Areas, and any damage caused; Association responsible for Common Expense Areas including Common Area and specific building components (Article 14) (Sections 14.2, 14.3, 14.4, 14.5, 14.6)

Insurance

Association must maintain master fire hazard insurance, public liability insurance, fidelity bond, workers compensation, and other insurance (Section 15.1) (Section 15.1 Master Insurance Policy)

Use restrictions

Units used exclusively by Owner or Occupant for residential purposes (Section 3.19); Section 12.1: Use of Condominiums for residential purposes only (Section 3.19, Section 12.1)

Voting & meetings

Two classes: Class A (each owner other than Declarant, one vote per unit) and Class B (Declarant, three votes per unit owned) (Section 8.2, 8.2.1, 8.2.2)

Amendments

Amendments require vote of owners; different rules before public report, after public report, and after first unit conveyance (Article 20); some provisions require Declarant consent (Section 6.6, Section 4.2) (Article 20 Amendments)

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