Leucadia Heights Owners Association

Key facts from Leucadia Heights Owners Association's documents

Reflects the 1984 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Leucadia Heights Owners Association

Developer / declarant

Leucadia Heights, Ltd.

Governing law

California Condominium Act (Recital C)

Assessments & dues

Initial maximum regular assessment blank ($ per condominium) - not filled in (Article III Section 3)

Special assessments

For capital improvements: if exceeds 5% of budgeted gross expenses, needs majority of each class (after Class B conversion, 51% total and 51% non-declarant). Also special assessment for compliance costs against specific member, levied by Bo (Article III Section 4)

Collections & liens

Assessment becomes a lien upon recording of notice of delinquency; lien continues 1 year unless extended; enforceable by foreclosure like mortgage or by power of sale under Civil Code sections 2924, 2924(b), 2924(c), 1356 (Article III Sections 8-9)

Reserves & fees

Operating reserve fund for maintenance, repairs, and replacement of common elements that must be replaced periodically (Article III Section 1)

Voting & meetings

Class A members (all owners except Declarant) have 1 vote per Condominium; Class B member (Declarant) has 3 votes per Condominium owned (Article II Section 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.