Lake Jennings Park Estates, Inc.

Key facts from Lake Jennings Park Estates, Inc.'s documents

Reflects the 2013 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title and recitals)

Units / lots

282 (Recitals, para 2)

Developer / declarant

Lake Jennings Park Estates, Inc., a California nonprofit mutual benefit corporation (Article 1, Section 1.13)

Governing law

Davis-Stirling Common Interest Development Act (California Civil Code Sections 1350-1378) and Section 1468 (Recitals, para 1)

Special assessments

Board may levy special assessment for capital improvements or emergency needs. If aggregate exceeds 5% of budgeted gross expenses, must be approved by majority vote of quorum. (Article 6, Section 6.3)

Collections & liens

Board may file lien with power of sale under Civil Code Section 1367; foreclosure action may begin 30 days after notice to owner. (Article 6, Section 6.9)

Reserves & fees

Board must maintain reserve fund for major repairs/replacement. Reserve study required every 3 years if replacement value >= 50% of gross budget. (Article 5, Section 5.1.11(a)-(c))

Signs & flags

Restricted under Section 7.4. (Article 7, Section 7.4)

Use restrictions

Prohibited. (Article 7, Section 7.2)

Voting & meetings

One vote per Condominium Unit. Joint owners must agree; if not, vote lost. Fractional votes not allowed. Voting by proxy permitted in writing. (Article 4, Section 4.1 and 4.2)

Amendments

By affirmative vote or written consent of 75% of voting power, and approval of County may be required. (Recitals and Article 16)

Amenities

Recreational facilities include: clubhouse, laundry, hobby hut, shuffle board court, pool and spa, maintenance barn, storage areas. (Article 5, Section 5.1.2(c))

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