Vantage I Homeowners Association

Key facts from Vantage I Homeowners Association's documents

Reflects the 1986 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Recitals: 'Common Interest Development u)

Legal name

Vantage I Homeowners Association

Developer / declarant

The Michael Andrew Group, Inc.

Management

Condominium Consultants, Inc.

Governing law

Davis-Stirling Common Interest Development Act (Recitals)

Assessments & dues

Maximum regular annual assessment until January 1 of year following first conveyance: $977.40 per condominium. (Article III, Section 3.3)

Special assessments

Allowed if funds are inadequate; Board may prorate over remaining months or levy immediately. Subject to limitations in Section 3.5. (Article III, Section 3.4, 3.5(b))

Collections & liens

Assessment lien recorded upon delinquency; subordinate to first mortgage and taxes. May be foreclosed by sale under California Civil Code §§2924, 2924(b), 2924(c), 1367, or by judicial foreclosure. (Article III, Sections 3.12, 3.13, 3.14)

Reserves & fees

Regular assessments include an adequate reserve fund for periodic maintenance, repair and replacement of Common Area. (Article III, Section 3.1(a))

Pets

true (Article IV, Section 4.4: 'an Owner may k)

Leasing & rentals

true (Article IV, Section 4.2: 'Each Owner sha)

Parking & vehicles

Not explicitly restricted, but car maintenance prohibited except emergency work with approval. (Article IV, Section 4.10)

Home business

Prohibited (no commercial purpose) (Article IV, Section 4.1: 'no commercial )

Signs & flags

Flagpoles prohibited without prior written Board consent. (Article IV, Section 4.7)

Use restrictions

true (Article IV, Section 4.1: 'private, singl)

Voting & meetings

Two classes: Class A (each Owner, 1 vote per condominium) and Class B (Declarant, 3 votes per condominium owned). Class B converts to Class A upon earlier of (a) Class A votes equal Class B, or (b) 2 years after final subdivision public rep (Article II, Section 2.1)

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