The Landmark - Union Square Owners Association

Key facts from The Landmark - Union Square Owners Association's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

The Landmark - Union Square Owners Association

Units / lots

39 residential units and 1 commercial space (Recital B (PAGE 8))

Governing law

California law (references to California Civil Code Sections 12956.1, 3143, 2924) (PAGE 1 and Section 7.5(d) (PAGE 31))

Assessments & dues

Committee prepares Budget at least 60 days before each Fiscal Year; initial Budget approved by California Department of Real Estate; line item increases exceeding 5% require explanation (Section 4.2(a) (PAGE 19-20))

Special assessments

Special Joint Assessment may be levied to cover deficit; due within 20 days after written notice (Section 4.2(c) (PAGE 20))

Collections & liens

Payment Lien for unpaid assessments and cure costs; enforceable by nonjudicial foreclosure under California Civil Code Section 2924 et seq.; also judicial foreclosure available (Section 7.5 (PAGE 30-32))

Reserves & fees

Joint Reserves kept as trust funds separate from assessment income (Section 4.2(d) (PAGE 20))

Architectural approval

Yes, for Subsequent Construction (modifications or additions to a Parcel) requiring consent; plans submitted to other Parcel Owner; deemed approved if no response within 30 days (Section 3.4 (PAGE 16-17))

Use restrictions

Residential Parcel shall be used for residential purposes only, except that Declarant may use for sale or lease and Occupants may use for incidental uses (Section 3.2 (PAGE 15))

Voting & meetings

Unanimous consent of both Parcel Owners required for any action of the Committee (Section 4.1 (PAGE 18))

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