Element Owners Association

Key facts from Element Owners Association's documents

Community type

Condominium project consisting of Residential Units, Live/Work Units and a Commercial Unit (Recital 1.2, DOC 161545 p.8)

Units / lots

66 total: 63 Residential Units, 2 Live/Work Units, and 1 Commercial Unit (Recital 1.3, DOC 161545 p.8)

Developer / declarant

Element Education, Inc., a California nonprofit public benefit corporation (preamble, DOC 161388 p.1)

Governing law

California Civil Code Section 1350 et seq.; California Business and Professions Code Section 11000 et seq. and Section 11004.5(c); California Civil Code Section 1351(f); Section 1354 (Recitals 1.2 and Declaration, DOC 161545)

Assessments & dues

Budget sets forth Common Expenses allocated among Owners; includes Base Budget and Residential Budget (Definition 2.12, DOC 161545 p.10)

Special assessments

Special Assessments may be levied pursuant to Article 6 (Definition 2.68 and Section 6.4, DOC 161)

Collections & liens

Article 6 creates lien and personal obligation for assessments; collection and liens governed by Section 6.12 (Sections 6.1 and 6.12, DOC 161545 p.4)

Reserves & fees

Reasonable reserves for Common Expenses as deemed appropriate by Board or required under Governing Documents (Definition 2.22.6, DOC 161545 p.13)

Parking & vehicles

Assigned Parking Spaces assigned to certain Owners per Section 3.7; Parking Garage defined; certain Assigned Parking Spaces may contain a Storage Cabinet (Definitions 2.5, 2.58, 2.59, DOC 161545 )

Architectural approval

Architectural Committee may be appointed by Board; Architectural Guidelines adopted by Board pursuant to Article 9 (Definitions 2.2 and 2.3, DOC 161545 p.10)

Home business

Live/Work Units permit a work area; Commercial Purposes in Commercial Unit limited to professional office uses not generating unreasonable customer/client traffic (Definitions 2.20, 2.45, 2.46, DOC 161545)

Signs & flags

All proposed signage must comply with Article 66 (Sign Ordinances) of the Escondido Zoning Code; separate sign permits required; non-conforming signs removed (Exhibit B, Section B.4, DOC 161388 p.12)

Maintenance

Association Maintenance Manual specifies Association obligations for maintaining Common Area and Association Property; Owner Maintenance Manual specifies Owner obligations (Definitions 2.8 and 2.57, DOC 161545 p.1)

Insurance

Article 11 requires liability, property, fidelity, worker's compensation, D&O and other insurance (Table of Contents, DOC 161545 pp.5-6)

Use restrictions

Residential Units are for residential use; Live/Work Units combine residential and work uses; Commercial Unit for commercial use (Recitals 1.3 and Definitions 2.19, 2.45,)

Voting & meetings

Article 5 sets forth membership and voting rights in the Association (Table of Contents, DOC 161545 p.4)

Amendments

Declaration rescinded/released only by mutual written agreement of City and Declarant by authority of City's Director of Community Development (Section 2, DOC 161388 p.1)

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