Park Hill Townhomes Homeowners Association

Key facts from Park Hill Townhomes Homeowners Association's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Preamble, paragraph B ("plan for the div)

Developer / declarant

PARK HILLS TOWNHOMES, LIMITED (as shown on recorded request); Declarant defined in Article I Section 1.15 (Recording request (first page) and Artic)

Governing law

Common Interest Development Act of the State of California (Civil Code Section 1350 et seq.) (Preamble, paragraph B)

Assessments & dues

Initially as per budget approved by Department of Real Estate (Exhibit B), not specified in document body (Article IV Section 4.04 (reference to bu)

Special assessments

May be levied for unexpected costs, insufficient funds, capital improvements, etc.; subject to 5% of budgeted gross expenses limit unless owner approval obtained. (Article IV Section 4.03(b) and Section 4)

Collections & liens

Assessment with interest, costs, and attorney's fees is a lien on the Unit upon recordation of notice of delinquent assessment. Lien may be enforced by nonjudicial foreclosure after 30 days. Lien subordinate to first mortgages. (Article IV Sections 4.01, 4.12(a)-(d))

Reserves & fees

Regular annual assessments include contribution to reserve fund for reconstruction, repair, or replacement of improvements. Amount determined annually by Board. Funds held in segregated trust accounts separate from operating expenses. (Article IV Sections 4.06 and 4.07)

Pets

Yes, limited. (Article V Section 5.06)

Leasing & rentals

Yes, subject to restrictions. (Article V Section 5.09 ("the Owners of t)

Architectural approval

Yes, for modifications and improvements (Architectural Control Committee). Approval required for modifications of Unit, etc. (Article V Section 5.14)

Home business

An Owner or tenant actually residing in a Unit may use part of that Unit as an office with desk, business telephone, and business address, provided it does not involve unreasonable number of clients, mail, or interfere with others. (Article V Section 5.01 (exception))

Maintenance

Not explicitly stated; roofs likely part of Common Area (building exterior) – Association responsible. (Article II Section 2.02(b) (Common Area )

Voting & meetings

Initially two classes: Class A (all owners except Declarant) one vote per Unit; Class B (Declarant) triple votes per Unit. Upon conversion to single class, each Owner one vote per Unit. (Article III Section 3.04(a) and (b))

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