Riderwood Terrace Homeowners Association

Key facts from Riderwood Terrace Homeowners Association's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

A Residential Condominium Development (Title page)

Legal name

Riderwood Terrace Homeowners Association

Units / lots

123 (Recital B: "one hundred twenty three (12)

Developer / declarant

Riderwood Terrace Homeowners Association, a California nonprofit mutual benefit corporation (Preamble)

Governing law

California Nonprofit Mutual Benefit Corporation Law, California Civil Code sections 1351(f), 1359, 1366, 1367, 1367.1, 2924, 2924b, 2924(a), 2924(b), 2924(c); California Vehicle Code section 22658.2; Corporations Code sections 7510-7527, 76 (Multiple sections throughout)

Assessments & dues

Not fixed; Board estimates each fiscal year based on budget (Section 4.3)

Special assessments

Allowed for construction, unexpected repairs, replacements, or other reasons; levied and collected same as regular assessments (Section 4.4)

Collections & liens

Delinquent assessments become lien via recorded Notice of Assessment Lien; after 30 days nonpayment can be enforced by judicial or nonjudicial foreclosure; monetary penalties cannot be enforced by nonjudicial foreclosure (Section 4.14)

Reserves & fees

Budget includes provision for reserves (Section 4.3)

Pets

Yes, usual and ordinary household pets (Section 5.3.12(a))

Leasing & rentals

Yes, with restrictions (Section 5.3.4)

Parking & vehicles

Not allowed to remain except temporarily, subject to Rules (Section 5.3.22)

Architectural approval

Any changes to Unit or Common Area require prior approval; specific changes listed in Section 7.3 (Sections 7.1, 7.2, 7.3)

Home business

Board may establish guidelines in Rules to allow home occupations consistent with residential usage, no detrimental effects, compatible with residential characteristics (Section 5.3.3)

Signs & flags

Signs on Units allowed only as per Civil Code ss 712, 713, 1353.6 and Rules; no signs on Common Area without Board approval (Section 5.3.9)

Use restrictions

Unit used only as a private residence (Section 5.3.3)

Voting & meetings

One vote per Unit owned (Section 3.4)

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