Monet Collection Homeowners Association

Key facts from Monet Collection Homeowners Association's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Homeowners Association) (Recital C, Section 1.5)

Developer / declarant

CONTINENTAL RESIDENTIAL, INC., a California corporation (First line of Declaration, Recital A)

Governing law

California Civil Code §1351(k) (Recital C)

Assessments & dues

Board adopts annual budget and fixes regular assessment accordingly (Section 4.2(a))

Special assessments

Board may levy special assessment if funds inadequate; also individual special assessment for compliance (Section 4.2(a), 4.4)

Collections & liens

Assessment becomes a lien upon recording Notice of Delinquent Assessment; may be foreclosed by sale; subordinate to first mortgages (Section 4.9, 4.10)

Reserves & fees

Regular assessments include an adequate reserve fund for periodic maintenance; reserves may be suspended per agreement with Declarant (Section 4.1, 4.2(b))

Pets

Yes, up to 3 household pets (dogs, cats, birds) (Section 7.12)

Leasing & rentals

Yes, but minimum lease term of 30 days (Section 7.2)

Home business

Allowed if permitted by City zoning and in compliance with Declaration (Section 7.2)

Signs & flags

Only Declarant's signs and one sign per Lot for sale/lease of reasonable dimensions (Section 7.11)

Use restrictions

Yes – no Lot used except for residential purposes (Section 7.2)

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