Puerta Del Mar Homeowners Association

Key facts from Puerta Del Mar Homeowners Association's documents

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

Community type

Resident's Civil Association (Homeowners Association) - ASOCIACION DE RESIDENTES DE PUERTA DEL MAR, A.C. (Name and purpose throughout document, e.)

Governing law

Civil Code for the State of Baja California (Article 49: matters not specified govern)

Assessments & dues

Board stipulates ordinary and extraordinary fees. Ordinary fees based on lot surface area, paid monthly in advance within first 5 days. Extraordinary fees established by Board as needed, payable within 15 days. (Articles 34, 36)

Collections & liens

If two or more fees unpaid, Association may require judicial payment, seize property, and place lien in Hall of Public Records. (Article 38)

Reserves & fees

10% per month on unpaid amount for late payment. (Article 38)

Voting & meetings

One vote per lot owned. Each lot constitutes a separate membership if owned by same person. Votes counted by lots. (Article 8, Article 14, Article 40; refer)

Amendments

Proposal by at least 80% of members in writing to Board; Board issues opinion; Assembly must approve within 2 months under quorum and majority rules of Article 16. (Article 42)

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