Fairbanks Country Villas Homeowners Association

Key facts from Fairbanks Country Villas Homeowners Association's documents

Reflects the 2012 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Homeowners Association named Fairbanks Country Villas Homeowners Association) (Recitals D, Section 2.10)

Units / lots

85 (ultimate goal); first Phase 12 Lots (Recitals D and E)

Developer / declarant

MREC-DAVIDSON FAIRBANKS, LLC (Northern Property), PULTE HOME CORPORATION (Southern Property) (Section 2.25)

Governing law

California Business and Professions Code §11004.5(c) and §11000 et seq.; California Civil Code §1350 et seq. and §1351(k) (Recitals C)

Assessments & dues

By Association budget (Budget defined Section 2.19); assessments fixed by Board per Governing Documents (Sections 4.3.2, 6.3)

Special assessments

Permitted per Section 6.4 (Special Assessments) and Section 6.5 (Capital Improvement Assessment) (Sections 2.9.2, 2.9.3, 2.9.4, 6.4, 6.5)

Collections & liens

Assessment lien created under Article 6; collection and lien enforcement per Section 6.14, subordination to first mortgages (Section 6.17) (Sections 6.1, 6.14, 6.17)

Reserves & fees

Reasonable reserves may be established by Association (Section 2.22.12) (Section 2.22.12)

Pets

Referenced in Section 7.5 (Animals) but specifics not visible; likely allowed with restrictions (Section 7.5)

Leasing & rentals

Referenced in Section 7.4 (Rental Of Lots) but specifics not visible (Section 7.4)

Fences

Referenced in Fencing Exhibit (Exhibit 'E') and Sections 7.18, 8.4; specifics not fully visible (Sections 2.31, 7.18, 8.4)

Architectural approval

Yes, Architectural Committee approval required for improvements per Article 9 (definitions in 2.6, 2.7) (Sections 2.6, 2.7, Article 9)

Signs & flags

Declarant reserves easements for signage (Section 3.9.6); otherwise not specified in visible text (Section 3.9.6)

Maintenance

Owners maintain their Lots (Section 8.2); Association maintains Association Property and common areas (Section 8.3); boundaries defined in exhibits (Sections 8.2, 8.3)

Use restrictions

Yes, Residential Use required (Section 7.2) (Section 7.2)

Voting & meetings

Voting Power determined by allocation to Lots per Sections 5.5.1 and 5.5.2; majority of total Voting Power in writing or majority vote of quorum at meeting (Sections 2.70, 4.2, 5.5)

Amendments

Article 15; amendments after close of first sale require specified approvals (Section 15.3); Declarant may amend before conveyance of first lot (Section 15.2) (Article 15)

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