Oregon Village, Lakeview Homeowners Association

Key facts from Oregon Village, Lakeview Homeowners Association's documents

Reflects the 1991 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (a Condominium Project; Condominium Commo)

Legal name

Oregon Village, Lakeview Homeowners Association

Developer / declarant

4076 OREGON LIMITED, a California limited partnership (made on the day and year hereinafter wri)

Governing law

Davis-Stirling Common Interest Development Act (California Civil Code Section 1351 et seq) (pursuant to the provisions of the Davis-)

Assessments & dues

By Board based on budget; unequally shared expenses (insurance, gas, water, reserves for repainting, roof, water heater) weighted by square footage; all other expenses and reserves shared equally (4.3 Rate of Assessments)

Special assessments

Allowed when Board determines funds inadequate; for structural repairs weighted by square footage; can be immediately levied or prorated (4.4 Special Assessments; 4.9(b) special )

Collections & liens

Lien upon recording Notice of Delinquent Assessment; may be foreclosed like mortgage or by power of sale under California Civil Code sections (4.1, 4.12, 4.13)

Reserves & fees

Required: Reserve Account for capital improvements, replacements, painting, repairs; use restricted to specific purposes unless 75% vote (4.19(b) Reserve Account; 4.20 Use of Res)

Use restrictions

Each Condominium for private single-family dwelling purposes only (5.1 Use of Condominiums)

Voting & meetings

Class A: 1 vote per unit; Class B (Declarant): 3 votes per unit (2.2.1 CLASS A...one (1) vote for each Co)

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