Balboa Park Villas Homeowners Association

Key facts from Balboa Park Villas Homeowners Association's documents

Community type

Condominium (Common Interest Development) (Recital B, Section 1.09)

Units / lots

12 (inferred from one-twelfth undivided interest in Common Area) (Section 1.08 ('one twelfth (1/12th) frac)

Developer / declarant

S.L. EMERSON, INC. (as indicated by recording request and return address; defined in Exhibit 'a') (Recorded at Request of S.L. EMERSON, INC)

Governing law

Common Interest Development Act of the State of California (Civil Code Section 1350, et seq.) (Recital B)

Collections & liens

Assessments become lien upon recording notice of delinquent assessment; subordinate to first mortgages; may be foreclosed by trustee sale under Civil Code Sections 2924, etc.; Association may bid at sale (Sections 4.12(b), (d), (e))

Reserves & fees

Board annually fixes amount for reserves for reconstruction/repair/replacement; funds held in separate trust accounts from operating funds (Sections 4.06, 4.07)

Pets

Yes, up to 2 usual household pets (dogs, cats, caged birds, fish in up to 2 aquariums) (Section 5.06)

Leasing & rentals

Yes, but not for transient or hotel purposes; minimum 30 days (except preclosing rental) (Section 5.09)

Parking & vehicles

Not allowed to remain except temporarily in enclosed parking area with Board approval (Section 5.04)

Home business

Allowed if limited to desk, business phone, address; no unreasonable number of clients or deliveries; must not interfere with quiet enjoyment or violate other restrictions (Section 5.01)

Signs & flags

Only one sign of customary dimensions advertising sale or lease; all others require Board approval; must conform to city/county ordinances (Section 5.05)

Use restrictions

Units used only for residential purposes; no trade or business except home office with limitations and Declarant model home/sales office (Section 5.01)

Voting & meetings

For assessment increase votes: more than 50% of Owners (Section 4.04 ('quorum means more than fi)

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