Twin Oaks Villas Condominiums Homeowners Association

Key facts from Twin Oaks Villas Condominiums Homeowners Association's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

"TWIN OAKS VILLAS CONDOMINIUMS HOMEOWNERS ASSOCIATION", a California nonprofit corporation (Section 1.7)

Units / lots

20 (inferred from undivided one-twentieth (1/20th) fractional interest in Common Area) (Section 1.17 ("undivided one-twentieth ()

Developer / declarant

TWIN OAKS VILLAS CONDOMINIUMS, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY (Preamble)

Governing law

Davis-Stirling Common Interest Development Act (California Civil Code) (Preamble B ("pursuant to the Davis-Stirl)

Special assessments

A charge against an Owner for corrective action, fines, or penalties; excludes late payment penalties, interest, and collection costs. (Section 1.6)

Collections & liens

Annual and special assessments, with late charges, costs, attorney's fees, and interest, become a debt of the owner at time assessment fell due. Association may place a lien after notice under Civil Code Section 1367. Personal obligation do (Section 5.1)

Reserves & fees

Association must maintain at least an Operating Fund and a Reserve Fund for capital improvements, replacements, painting, repairs, and insurance deductibles. (Section 5.2)

Voting & meetings

Class A Members: one vote per Condominium owned. Class B Member (Declarant): three votes per Condominium owned. Co-owners designee votes; only one vote per unit; no fractional votes. (Sections 2.4, 2.5)

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