Cabrillo Medical Center Owners Association

Key facts from Cabrillo Medical Center Owners Association's documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium project (commercial medical office condominiums) (Section 1.2)

Legal name

Cabrillo Medical Center Owners Association, a California non-profit mutual benefit corporation (Section 2.6)

Units / lots

Maximum of 28 condominium units (Section 1.3)

Developer / declarant

Fenway Properties V, LLC, a California limited liability company (First paragraph of Declaration)

Governing law

California Civil Code Sections 1350 et seq. (Davis-Stirling Common Interest Development Act), as successor statutes (Section 1.2, Section 1.3 (final paragrap)

Special assessments

Allowed; if aggregate exceeds 10% of budgeted gross expenses, must be approved by Majority of Voting Power (unless Emergency). (Section 6.4, Section 6.4.5)

Collections & liens

Delinquent assessments (except enforcement assessments) become a lien after recording notice; foreclosure allowed after dispute resolution; subordinated to first mortgages. (Section 6.12)

Reserves & fees

Association required to maintain reserve fund sufficient for maintenance, repair, and periodic replacement of Association Property Improvements. (Section 6.19)

Amendments

Article 16 referred to in Table of Contents; not provided in excerpt. (Table of Contents)

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