Ridgestone Owners Association

Key facts from Ridgestone Owners Association's documents

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

Community type

Condominium (Section 1.2: 'condominium project within)

Developer / declarant

SS - RIDGESTONE, LLC, a Delaware limited liability company (Article 1 Recitals (first paragraph) and)

Governing law

California Business and Professions Code Sections 11000 et seq., California Civil Code Sections 1350 et seq., California Corporations Code (Nonprofit Mutual Benefit Corporation Law) (Section 1.2, Section 4.1)

Assessments & dues

Regular Assessments (Section 6.3), Special Assessments (6.4), Capital Improvement Assessments (6.5), Enforcement Assessments (6.6). Set and levied by Association per Board (Sections 6.1-6.8 (titles); Section 4.3.1)

Special assessments

Special Assessments may be levied pursuant to Section 6.4 (Section 2.53, 6.4 (title only))

Collections & liens

Association has lien for assessments and may foreclose (Section 6.1, 6.12) (Section 6.1: 'Creation of Lien and Perso)

Reserves & fees

Reasonable reserves as deemed appropriate by Board (Section 2.15.6) (Section 2.15.6)

Pets

Pets (Section 7.4) – text not provided (Table of Contents (7.4 Pets))

Leasing & rentals

Rental of Residential Units allowed (Section 7.3) – text not provided; Declarant may lease unsold units (Section 1.3) (Table of Contents (7.3); Section 1.3: 'D)

Architectural approval

Architectural Review required for any improvement or alteration (Article 9, especially 9.5) (Section 9.5: 'Approval of Plans and Spec)

Home business

Commercial Use prohibited (Section 7.2) – text not provided (Table of Contents (7.2 Commercial Use))

Signs & flags

Signs and Displays (Section 7.7) – text not provided (Table of Contents (7.7 Signs and Display)

Maintenance

Roofs not part of Residential Unit (2.52); likely Common Area maintained by Association (Section 2.52: 'bearing walls, columns, f)

Insurance

Association maintains property insurance (buildings, improvements) and liability insurance (Article 11, Sections 11.1, 11.2) (Section 11.1, 11.2)

Use restrictions

Residential Use (Section 7.1) – text not provided in excerpt, but provision exists (Table of Contents (Article 7, 7.1 Reside)

Voting & meetings

Class A and Class B members; Voting Power defined in Section 5.2 (Section 4.6, 2.58, 5.2 (title only))

Amendments

Amendments before first sale require declarant action (15.1). After first sale, amendment per Section 15.2 (requires written consent of specified percentage). Certain amendments require City approval (Article 17). (Sections 15.1, 15.2 (titles), 15.3, 17.3)

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