374 Guerrero Street Condominium Association

Key facts from 374 Guerrero Street Condominium Association's documents

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

Community type

Condominium (Title and Section 1.10)

Legal name

374 Guerrero Street Condominium Association

Governing law

California Civil Code (Davis-Stirling Common Interest Development Act) (References to Civil Code Sections 1351, )

Assessments & dues

Board establishes and levies annual Regular Assessments based on estimated expenses; assessment period is fiscal year; first assessment prorated after initial sale close. (Section 4.2(a): Board shall establish an)

Special assessments

Special Assessments may be levied if funds inadequate for common expenses, upon majority vote of Owners (with quorum) or in emergencies without limit. (Section 4.4: Board determines amount nec)

Collections & liens

Delinquent assessments, late charges, interest, and collection costs (including attorney's fees) constitute a lien on the Condominium upon recording a notice of delinquent assessment; notice required 30 days before recording; foreclosure by (Sections 4.14, 4.15, 4.16: creation of l)

Reserves & fees

Board shall not expend designated reserve funds for any purpose other than repair, restoration, or maintenance for which established; temporary transfer permitted for up to one year with documentation; Board may authorize temporary delay of (Section 4.2(d): restrictions on reserve )

Pets

Allowed with restrictions. (Section 7.4: 'An Owner shall be allowed )

Leasing & rentals

Yes, with restrictions. (Section 7.7: 'no Owner may rent or lease)

Architectural approval

Yes, for any improvement, alteration, or structure of any kind visible from exterior. (Section 7.10: 'no fence, wall, obstructi)

Home business

Allowed only as a permitted office that complies with all laws and regulations; otherwise prohibited. (Section 7.2: 'an Owner may maintain an o)

Maintenance

Roof is Common Area maintained by Association unless otherwise specified; roof deck for Unit 3 is exclusive use and Owner of Unit 3 must repair/replace roof membrane at own cost (except for damage caused by Association negligence). (Section 1.6: Common Area includes roofs;)

Use restrictions

Units shall be used for residential purposes only; no commercial use except an office complying with laws allowed. (Section 7.1: 'Each Condominium shall be )

Voting & meetings

One vote per Unit; when multiple owners, vote exercised jointly; membership in Association is one class. (Section 3.3: 'Each Unit shall be allocat)

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