Shadowridge Sunrise Owners Association

Key facts from Shadowridge Sunrise Owners Association's documents

Reflects the 1985 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

planned unit development (under California Subdivided Lands Act) (Recital B, page 1)

Units / lots

86 (maximum number then contemplated) (Article 2.3.1.3: 'total number of reside)

Developer / declarant

Daon Corporation, a Delaware corporation (Recital A, page 1)

Assessments & dues

Initially set in Project budget approved by Department of Real Estate (Article 4.3)

Special assessments

Allowed up to 5% of budgeted gross expenses without vote; above that requires same vote as for increase (Article 4.4)

Collections & liens

Assessment becomes lien upon recordation of notice; may be foreclosed by sale under California Civil Code; personal obligation of owner (Article 4.1, 4.8)

Reserves & fees

Annual assessments shall include adequate reserve for maintenance, repairs, and replacement (Article 4.2: 'Annual assessments shall i)

Pets

Yes (Article 7.5)

Leasing & rentals

Yes, but not for transient or hotel purposes (Article 7.8)

Architectural approval

Yes, for any building, fence, wall, obstruction, improvement, alteration, or landscaping visible from street or Common Area (Article 8.1, 8.2)

Home business

Prohibited; exception for Declarant model homes/sales office for up to 3 years (Article 7.1)

Signs & flags

Signs advertising Units for sale or rent allowed without approval if reasonable size; others require Board or ARC approval (Article 7.4)

Use restrictions

Single family dwelling residential purposes only (Article 7.1: 'No Unit shall be occupied )

Amendments

After conversion of Class B: 75% of total voting power and 75% of votes of Members other than Declarant; while Class B exists: 75% of each class. Certain topics require first mortgagee consent (67% of first mortgagees of Units) (Article 9.3, 9.5.3)

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