Shore Tower Owners' Association, Inc.

Key facts from Shore Tower Owners' Association, Inc.'s documents

Reflects the 2009 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

SHORE TOWER OWNERS’ ASSOCIATION, INC. (Section 1.4)

Governing law

California Civil Code Sections 783, 1351, 1357.100 et seq., 1363, 1365, 1367.1, 1367.4, 1369.510 et seq., 2924 et seq., and Corporations Code Section 7341 (Various sections including Section 1.4, )

Reserves & fees

Greater of $10 or 10% of unpaid assessment per installment, or higher as authorized by California law (Section 5.8)

Pets

Yes, but subject to Board Rules and Regulations limiting number and size; no other animals, livestock, or poultry (Section 6.2(A))

Leasing & rentals

Yes, but lease must be in writing, for minimum term of 12 months, and not for transient or hotel purposes; tenant bound by Governing Documents (Section 6.1(C))

Home business

Allowed if no material impact on Common Area (e.g., increased traffic, noise, parking) (Section 6.1(B))

Insurance

Payment of Association's insurance policy deductibles addressed in Section 14.7 (Section 14.7)

Use restrictions

Units restricted to residential use; no transient or hotel use (Section 6.1(A), (C))

Voting & meetings

One vote per Unit owned by a Member; joint owners must agree (fractional votes not allowed); if unable to agree, lose vote (Section 2.2, 2.4)

Amendments

Article 12 generally; specific vote threshold not provided in this excerpt (likely requires membership vote per California law) (Article 12 (title only))

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