Santa Monica

Key facts from Santa Monica's documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Developer / declarant

SANTA MONICA PLACE DEVELOPMENT, LLC

Assessments & dues

Amount is set by the Board; not specified in declaration (Article III Section 2A, Page 7: 'The Ann)

Special assessments

Board may levy special assessment for capital improvements (Article III Section 5, Page 7)

Collections & liens

Assessment is a continuing lien on the Lot; Association may foreclose the lien in accordance with New Mexico realty mortgage foreclosure law (Article III Section 1, Page 7; Article V)

Reserves & fees

Interest at 15% per annum on unpaid assessments after 30 days due (Article III Section 8, Page 8)

Pets

Dogs, cats, other domesticated household pets allowed (Article XV Section 9, Page 16: 'dogs, ca)

Parking & vehicles

Prohibited in driveway and landscaped area, except for immediate loading/unloading not exceeding 48 hours (Article XV Section 13, Page 17)

Architectural approval

Yes, for new construction, exterior alterations, modifications, additions, and changes to front yard landscaping (Article X Section 2, Page 11-12)

Signs & flags

Not more than one flag; flagpole max height 10 feet (Article XV Section 25, Page 18)

Setbacks / home size

In accordance with Santa Monica Estates Plans and Standards; 4-inch tolerance allowed; roof overhangs may extend 24 inches into 5-foot sideline setback (Article XVI Sections 2 & 3, Page 19)

Maintenance

Association maintains Association Land (common area); Owner maintains Lot and improvements (Article XI Section 1, Page 12 (Associati)

Insurance

Association shall obtain and maintain liability insurance of not less than $1,000,000 combined single limit for personal injury and property damage liability (Article VII Section 4, Page 10)

Voting & meetings

One vote per Lot; when more than one person holds interest in a Lot, collectively one vote (Article VIII Section 2, Page 10)

Amendments

By 75% vote of all Members voting in person, by absentee ballot, or proxy at a meeting, and during Declarant Control Period with Declarant approval; FHA/VA may veto during control period; amendments must be recorded (Article XIII Section 2, Pages 14-15)

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