Rosemont Regency Association

Key facts from Rosemont Regency Association's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

townhouse community (Article VI, Section 1 (a2) references 't)

Assessments & dues

Each lot pays pro rata 1/64th share of common expenses (Article VII Section 1(a1))

Special assessments

Board may levy special assessment to cover deficiency if insurance proceeds insufficient to repair/reconstruct (Article VII Section 1a)

Reserves & fees

Insurance proceeds deposited in bank or financial institution; withdrawals require at least three board members' signatures (Article VII Section 1)

Maintenance

Association maintains streets, curbs, common areas, walkways, post lights, landscaping, irrigation; owners maintain driveways, retaining walls, and sidewalks non-adjacent to streets (Article VI)

Insurance

If insurance proceeds exceed repair cost, excess payable to owners if greater than $2,000; otherwise retained by Association (Article VII Section 1a)

Amendments

Amendment made pursuant to power reserved under Article XII, Section 6 of CC&Rs (Recitals)

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