Park Coronado

Key facts from Park Coronado's documents

Reflects the 2010 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (1.8, 1.9, Recital C)

Governing law

Davis-Stirling Common Interest Subdivision Act (California Civil Code Section 1350 et seq.) (Recital D)

Assessments & dues

Set annually by Board based on budget (4.3, 4.3.1)

Special assessments

Allowed for capital improvements or extraordinary expenses; subject to 4.5 limits; emergency exceptions (4.4, 4.5)

Collections & liens

Assessment lien recorded for delinquent assessments; foreclosure allowed only if amount >= $1,800 or 12 months delinquent; non-judicial foreclosure with 90-day redemption period; notice and dispute resolution required (4.10, 4.11)

Reserves & fees

Annual contributions to reserve fund for future repairs/replacements; separate records maintained; reserve study every 3 years if replacement value >= 1/2 of gross budget (4.3.2, 5.2.7)

Pets

Yes, household pets may be kept not for commercial purposes; caged birds or fish in reasonable numbers (7.5.1)

Leasing & rentals

Yes, subject to restrictions (2.8, 2.10, 2.12)

Architectural approval

Yes, Architectural Review Committee appointed by Board; plans must be submitted and approved (8.1, 8.2, 8.3)

Signs & flags

Right to display American flag of fabric/cloth/paper from a staff/pole or in window; does not include depictions on building components (7.3)

Insurance

Unit Owner insurance required (9.6)

Use restrictions

Units restricted to single family residential use (7.1)

Voting & meetings

One vote per Condominium; joint owners must agree or lose vote; no fractional votes (3.4, 3.5)

Amendments

Not detailed in provided text; but Recital E indicates 75% Owner vote required and executed per CA Civil Code 1355(a) (Recital E, 13.4 (reference))

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