Vantage II Homeowners Association

Key facts from Vantage II Homeowners Association's documents

Community type

Condominium

Legal name

Vantage II Homeowners Association

Developer / declarant

The Michael Andrew Group, Inc., a California corporation (Declarant (top of Declaration))

Governing law

Davis-Stirling Common Interest Development Act (California Civil Code Sections 1350 et seq.) (Recitals C)

Assessments & dues

Maximum regular assessment until January 1st of year following first conveyance: $1,130.52 per condominium (Section 3.3)

Reserves & fees

Board shall establish at least two separate accounts: Operating Account and Reserve Account for capital improvements, replacements, painting, and repairs (Section 3.20)

Pets

Yes, domesticated pets such as dogs, cats, usual household pets (Section 4.4)

Leasing & rentals

Yes, Owner may lease provided lease is in writing and tenant bound by governing documents; no transient or hotel purposes (Section 4.2)

Architectural approval

Yes, for any building, fence, wall, structure or improvement on Common Area; plans and specifications must be approved by Board or Architectural Committee as to harmony of external design, color, location (Section 4.18)

Signs & flags

One sign of customary dimensions for sale/lease allowed with Board approval; must conform to ordinances; Declarant may install signs during sales period (Section 4.6)

Insurance

Owner responsible for deductible for loss to his condominium (Section 9.3 (last paragraph))

Use restrictions

Each Unit shall be used for private single-family dwelling purposes only; no commercial purpose except as allowed by zoning or Declarant's sales period (Section 4.1)

Voting & meetings

Two classes: Class A (each Owner other than Declarant, one vote per condominium owned; if multiple owners, only one vote per unit); Class B (Declarant, up to three votes per condominium owned) (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.