Versailles at Ivey Ranch Homeowners Association

Key facts from Versailles at Ivey Ranch Homeowners Association's documents

Reflects the 1990 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Unit Development (Title and Recital B)

Legal name

Versailles at Ivey Ranch Homeowners Association

Units / lots

82 residential lots (Lots 1-82 inclusive) plus 3 common area lots (A, B, C) (Recital A)

Developer / declarant

UDC-UNIVERSAL DEVELOPMENT L.P., doing business in California as UDC HOMES LIMITED PARTNERSHIP (Introductory paragraph and Section 1.7)

Governing law

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

Assessments & dues

Board shall levy annual and special assessments sufficient to perform obligations; amount fixed at least 30 days in advance of each annual period; written notice sent to every Owner (Section 4.3 and Section 4.6)

Special assessments

May be levied for emergencies without owner vote; also individual special assessments for compliance costs after notice and hearing, but those do not become a lien (except collection costs) (Section 4.3 and Section 4.4)

Collections & liens

Delinquent assessment becomes a lien upon recording Notice of Delinquent Assessment; may be foreclosed by non-judicial sale under California Civil Code §§2924, 2924b, 2924c (Section 4.7)

Reserves & fees

Annual assessments include an adequate reserve fund for periodic maintenance, repair and replacement of Common Area and Common Maintenance Area (Section 4.1)

Pets

Dogs, cats, birds, fish, and other household pets allowed, but not for commercial purposes, not in unreasonable quantities, and not a nuisance (Section 7.16)

Leasing & rentals

Yes, Owner may rent or lease all of his Lot by written lease or rental agreement. (Section 7.11)

Parking & vehicles

Prohibited for prohibited vehicles; no vehicular parking on private streets except in locations approved by City of Oceanside. (Section 7.14)

Fences

All fences within a Lot shall be painted or stained in accordance with rules adopted by the Committee. (Section 7.12(c))

Architectural approval

No construction, alteration, addition, etc. of visible exterior on any Lot may commence without written approval of Architectural Committee (3-5 members appointed by Board). (Section 6.1)

Home business

Permitted only if incidental, conducted in conformance with ordinances, no external evidence, patrons do not regularly visit the Lot (Section 7.11)

Signs & flags

No signs except: (i) Declarant's development signs, (ii) entry monuments/community identification, (iii) one for-sale/lease sign per Lot: max 18"x30", single vertical stake not exceeding 2"x3" diameter, max 3' height above ground (Section 7.17)

Use restrictions

All Lots shall be improved and used solely for single-family residential use; exception: model homes during sales period, and professional/administrative occupations without external evidence, patrons do not regularly visit (Section 7.11)

Voting & meetings

Class A: Owners, 1 vote per Lot; Class B: Declarant, 3 votes per Lot. Class B converts to Class A upon earlier of (i) 2 years after most recent Final Subdivision Public Report or (ii) 4 years after original Final Subdivision Public Report f (Section 3.2)

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