Altair Homeowners Association

Key facts from Altair Homeowners Association's documents

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

Developer / declarant

DV12, Inc., a California corporation (Declaration opening, Section 1.16)

Governing law

California Civil Code, Sections 4000-5260, 4075, 4125, 4135, 4250 (Recital E, Declaration paragraph, Sectio)

Special assessments

Permitted, established by Association as needed, subject to limitations (see Section 6.4.2) (Section 6.4.2)

Collections & liens

Association has lien for unpaid assessments and may foreclose (Section 7.3, 7.5) (Section 7)

Reserves & fees

Reserve account required, with accounting treatment and limitations on use (Sections 6.7.4, 6.4.1.1.2, 6.4.1.4, 6.4.1.5) (Section 6.7.4, 6.4.1.1.2)

Pets

Yes, domesticated dogs, cats, aquatic animals in aquarium, birds in cages (Section 3.12)

Leasing & rentals

Yes, Owner may lease or rent Condominium. (Section 3.2)

Home business

Business, commercial, manufacturing, mercantile, storage, vending, or other non-residential use prohibited unless allowed by zoning (Section 3.1)

Use restrictions

Units shall be used for residential purposes only; limited business use by Declarant for sales/models allowed for a period (Section 3.1)

Voting & meetings

Class A (all Owners except Declarant) and Class B (Declarant) – see Section 5.2.2.1 and 5.2.2.2 (Section 5.2.2)

Amendments

Before close of first sale: Declarant may amend (Section 15.1); after close of first sale: amendment requires approval as per Section 15.2 (specifics not fully shown, but must be consistent with mortgagee protections). (Section 15.1, 15.2)

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