5045 Niagara Avenue Homeowners Association

Key facts from 5045 Niagara Avenue Homeowners Association's documents

Reflects the 2014 governing documents — figures and rules are as originally recorded and may have changed since.

Developer / declarant

5045 NIAGARA HOMEOWNERS ASSOCIATION, a non-profit mutual benefit corporation (Page 1 of Declaration (first line))

Governing law

Davis-Stirling Common Interest Development Act (California Civil Code Section 4000 et seq.) (Preamble B)

Collections & liens

Regular and special assessments, late charges, costs, attorney's fees are a debt of the owner. Liens may be recorded for delinquent assessments (Notice of Delinquent Assessment), and foreclosure by trustee sale is permitted. (Sections 5.12, 5.13, 5.18)

Reserves & fees

The Association may levy a reasonable transfer fee against a new owner to reimburse actual administrative costs, not exceeding the Association's actual cost. (Section 2.3)

Leasing & rentals

Yes, Section 8.1 addresses leasing of residences. (Section 8.1)

Architectural approval

Yes, for any construction, alteration, removal, installation, modification, etc. of an Improvement, including landscaping, except repainting to identical color. (Section 4.2)

Signs & flags

Noncommercial signs, posters, flags, banners are regulated; Flag of the United States is allowed per Section 8.5. (Sections 8.4, 8.5)

Insurance

Owners have right and duty to insure their own property (Section 9.3). (Section 9.3)

Use restrictions

Yes, business or commercial activity is prohibited (Section 8.13). Residence is defined as a unit intended for use by a single family (Section 1.41). (Sections 1.41, 8.13)

Voting & meetings

One vote per Condominium owned; Class A Members (all Owners) have one vote per unit. Only one vote per unit regardless of co-ownership. (Sections 2.4(a), 2.5(b))

Amendments

Article XIII: Duration and amendment. Declaration runs with land; termination and amendment provisions in Section 13.2. (Article XIII headings)

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