Heritage Town Center Owners Association

Key facts from Heritage Town Center Owners Association's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Developer / declarant

Otay Project, L.P., a California limited partnership (Opening paragraph)

Governing law

California Civil Code Sections 1350 et seq. and California Business and Professions Code Section 11004.5(c), California Subdivided Lands Law (Section 1.2)

Special assessments

Allowed if approved by majority Board vote and does not exceed 5% of budgeted gross expenses; higher amounts subject to limitations in Section 6.8 (Section 6.5)

Reserves & fees

Reasonable reserves as deemed appropriate by Board; special assessments may replenish reserve account (Sections 2.15.6, 6.5)

Use restrictions

Violations of Governing Documents may be deemed a nuisance and abated (Section 17.4)

Voting & meetings

One vote per Condominium. Majority of Voting Power = 3 out of 5 votes, must include vote of Owner of Commercial Condominium No.1. Special voting: Building A Expenses require approval of all Owners within Building A Envelope; Building B Expe (Sections 5.2, 2.38, 5.2.1)

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