Valencia Shores

Key facts from Valencia Shores's documents

Reflects the 1986 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

planned subdivision with common area and homeowners association (Article 1.6, 2.2)

Assessments & dues

Maximum annual Assessment per Lot for the first year (prior to January 1 following close of escrow on first Lot sale) is $720.00. (Article 4.3, second page of Article 4 (p)

Special assessments

The Board may levy a special assessment for capital improvements or unanticipated expenses, but requires affirmative vote of Declarant (while Class B exists) and two-thirds of Class A Members. (Article 4.4)

Reserves & fees

$15.00 if any Assessment is not paid within 10 days after due date. (Article 4.1)

Leasing & rentals

Owners have the absolute right to lease their Lots, provided that the lease is in writing, specifically made subject to the Declaration and Bylaws, and a copy is provided to the Association within 10 days of execution. (Article 7.8)

Architectural approval

No building, fence, wall, obstruction, balcony, screen, patio, patio cover, solar collector, antenna, tent, awning, carport, improvement or structure of any kind shall be commenced, erected, painted or maintained, nor any alteration or impr (Article 8.1)

Home business

No trade or business shall be conducted on any Lot. (Article 7.1)

Signs & flags

No signs advertising Lots for sale or rent may be displayed without prior written approval of the Board (except Declarant). Board may designate a bulletin board for such signs. (Article 7.4)

Use restrictions

No Lot shall be occupied and used except for single family residential purposes by the Owners, tenants, and social guests. No trade or business conducted. (Article 7.1)

Voting & meetings

For meetings called under Articles 4.3 and 4.4: first meeting requires 60% of all votes; subsequent meeting (if no quorum) requires one-half of the previous quorum. While Class B exists, a quorum requires a quorum of each class. (Article 4.5)

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