Sunset Cove Owners Association

Key facts from Sunset Cove Owners Association's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title: 'A CONDOMINIUM COMMON INTEREST DE)

Legal name

SUNSET COVE OWNERS ASSOCIATION (Section 1.3)

Units / lots

1 (Lot 1 of Map No. 15418) (Recital A (both documents))

Developer / declarant

WILLIAM LYON HOMES, INC., a California corporation (Section 1.14)

Governing law

California Civil Code (Sections 1351, 1354, 1360, 1468, et seq.) (Recital B (Civil Code); Section 11 (1468)

Assessments & dues

Board determines regular assessments at least annually based on adopted budget (Section 4.2)

Special assessments

Permitted for insufficient funds, and for non-compliance (non-lien) against individual owners (Section 4.2, 4.4)

Collections & liens

Assessments become a continuing lien on the Condominium upon recordation of notice of assessment (except non-lien compliance assessments); personal obligation of owner at time due (Section 4.1, 4.4)

Reserves & fees

Required as part of regular assessments: 'an adequate reserve fund for periodic maintenance, repair and replacement of the Association Property' (Section 4.1)

Pets

Subject to restrictions; no explicit ban (Section 6.4: 'Animals')

Leasing & rentals

Lease of Condominiums is permitted subject to rules (Section 6.2)

Architectural approval

Architectural Committee (or Board if none appointed) must approve any modification (Section 1.1, Article VII)

Home business

Not explicitly addressed; residential use only likely prohibits commercial operations (Section 6.1)

Signs & flags

Displaying the flag of the United States is not prohibited (Section 6.8)

Insurance

Association shall obtain property insurance on Association Property (Section 12.1)

Use restrictions

Each Condominium shall be used for residential purposes only (Section 6.1: 'Residential Purposes')

Voting & meetings

Three classes: Class A (Owners, one vote per Condominium); Class B (Declarant, three votes per Condominium owned until conversion); Class C (Declarant, solely for appointing three directors) (Section 3.2)

Amendments

Before escrow closings: Declarant may amend unilaterally. After escrow closings: amendment requires vote of owners (majority) and mortgagee approval. No amendment without Declarant's consent while Declarant owns units. (Section 17.2, 17.3, 17.4, 17.18)

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