Third Street Owners Association

Key facts from Third Street Owners Association's documents

Reflects the 2010 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium project within the meaning of Civil Code section 1351(f) (Section 2.1)

Legal name

5800 Third Street Owners Association (Section 1.3)

Developer / declarant

SF Third Street Equity Partners, LLC, a Delaware limited liability company (Opening recital)

Governing law

California Civil Code (including sections 1351, 1359, 1363.03, 1363.07, and others) (Sections 1.10, 2.17, 2.12, 2.12)

Special assessments

Allowed (Section 6.4) (Article 6 heading, Section 6.4)

Collections & liens

Delinquent assessments may be enforced by lien and foreclosure (Section 6.10) (Section 6.10 (heading and text reference)

Reserves & fees

Required; reserves study referenced (Section 6.3) (Section 6.3 heading)

Leasing & rentals

Allowed; with restrictions for residential (Section 3.2) and commercial (Section 3.3) (Sections 3.2, 3.3 headings)

Signs & flags

Restricted (Section 3.9); commercial signs subject to additional rules (Section 3.10) (Sections 3.9, 3.10 headings)

Insurance

Owners must carry individual insurance (Section 8.8) (Section 8.8 heading)

Use restrictions

Prohibited (Section 3.4) (Section 3.4 heading)

Voting & meetings

Membership classes and voting rights described in Section 5.4 (Table of Contents for Article 5, Section)

Amendments

Before close of first sale: Declarant may amend (Section 11.1); after: requires Owner and/or Mortgagee approval (Article 11) (Sections 11.1, 11.2)

Amenities

Community/mail room (Section 2.7); no other amenities explicitly listed in provided text (Section 2.7)

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