370-376 Playa Del Norte Owners Association

Key facts from 370-376 Playa Del Norte Owners Association's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

370-376 Playa Del Norte Owners Association

Developer / declarant

Mission Beach Developers, Inc. (Recitals (Declarant))

Governing law

California Davis-Stirling Common Interest Development Act (Civil Code §4000 et seq) (Recitals B; Article I, Section 1.3(B) am)

Assessments & dues

proforma operating budget prepared and distributed in accordance with Civil Code Sections 5300 and 5565 (Section 10.18(A))

Special assessments

Permitted as Supplemental Assessments; aggregate capped at 5% of budgeted gross expenses without owner approval; emergency exceptions include court order, safety repairs, unforeseen extraordinary expenses, earthquake insurance surcharge (Section 10.18(B))

Collections & liens

Association may file Notice of Delinquent Assessment after Pre-Lien Notice (30 days prior); lien attaches; foreclosure requires board vote at least 30 days before sale; owners have right to dispute and alternative dispute resolution before (Section 10.26 (A)-(G))

Reserves & fees

Reserve Accounts used per Civil Code §§5580, 5500, 5510(a), 5510(b), 5515, 5520, 5550, 5560, 4177, 4178 (Section 10.3(B) (amended))

Voting & meetings

more than fifty percent (50%) of the Owners of the Association (Section 10.18(D))

Amendments

Board of directors voted and passed by majority vote on June 26, 2019 to amend in accordance with Section 18.3 of Declaration (Recitals B: "board of directors of the A)

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