Moncado Springs Homeowners Association

Key facts from Moncado Springs Homeowners Association's documents

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

Community type

Residential Planned Development (planned development as defined in California Civil Code Section 1351(k)) (Recital D)

Units / lots

Approximately one hundred ninety-five (195) Residences (Article II Section 1: 'will consist of a)

Developer / declarant

STANDARD PACIFIC CORP., a Delaware corporation (Opening paragraph of Declaration)

Governing law

California Civil Code (Davis-Stirling Act referenced in Article XIX Section 13) (Article XIX Section 13)

Assessments & dues

Regular Assessment is an annual charge against each Owner representing a portion of Common Expenses of the Association (as defined in Article I Section 11). (Article I Section 5(a); Article VI Secti)

Special assessments

Yes; Special Assessment for capital improvements, reconstruction of Common Area, or extraordinary action (Article I Section 5(c)). Special Benefit Assessment also allowed (Section 5(d)). (Article I Section 5(c) and (d))

Collections & liens

Nonpayment gives Association a lien on the Lot; foreclosure sale is a remedy (Article VII). (Article VII (Table of Contents: Foreclos)

Reserves & fees

Common Expenses include 'adequate reserves' for periodic repair/replacement of Common Area elements. (Article I Section 11)

Pets

Yes; Article VIII Section 6: 'Maintenance of Animals' (Article VIII Section 6 (heading))

Leasing & rentals

Yes; Article VIII Section 21: 'Leasing' (Article VIII Section 21 (heading))

Parking & vehicles

Regulated; Article VIII Sections 14 and 15; Permissible street parking areas depicted on Exhibit D. (Article VIII Sections 14 and 15; Exhibit)

Fences

Height restriction (Article VIII Section 9); common fences: joint repair, no driving nails more than halfway (Article III Section 3). (Article VIII Section 9; Article III Sect)

Architectural approval

Yes; Architectural Review Committee approval required for improvements (Article IX). (Article IX)

Home business

Commercial activity prohibited (Article VIII Section 13) – implies home business restricted or prohibited. (Article VIII Section 13 (heading: 'Comme)

Signs & flags

Generally restricted (Article VIII Section 5: 'Signs'), but Declarant has exclusive right to place signs, flags, banners during development (Article II Section 7(iii)). (Article VIII Section 5; Article II Secti)

Maintenance

Association maintains Common Area (Article X Section 1); Owner maintains Lot and Residence (Article X Section 4). Common Area includes easement areas for maintenance of front yards (Exhibit A). (Article X Sections 1 and 4; Article II S)

Insurance

Required insurance coverage for Common Area (Article XV Section 1). (Article XV Section 1 (heading))

Use restrictions

Yes; Article VIII Section 1: 'Private Residential Dwelling' (Article VIII Section 1 (heading))

Voting & meetings

Two classes: Class A (each Owner except Declarant, 1 vote per Lot); Class B (Declarant, 3 votes per Lot owned while paying assessments). Class B membership ceases at earlier of: (i) 2nd anniversary of first close of escrow for a Phase under (Article IV Section 2)

Amendments

Article XIX Section 6: 'Amendments' – procedure described (details not fully in provided text). (Article XIX Section 6)

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