Beachwalk at Madison Owners Association

Key facts from Beachwalk at Madison Owners Association's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Recitals C: 'plan of condominium ownersh)

Legal name

Beachwalk at Madison Owners Association, a California nonprofit mutual benefit corporation (Recitals B; Section 1.6)

Units / lots

6 condominiums (Recitals D: 'Community will consist of s)

Developer / declarant

MR Carlsbad 11, LLC, a California limited liability company (Introduction paragraph)

Governing law

California Civil Code Sections 4000, et seq.; California Business and Professions Code Section 11004.5(c); California Civil Code Section 4125 (Recitals C and D)

Special assessments

Permitted; includes Capital Improvement Assessments (Section 5.5, 5.6) (Sections 5.5 (Special Assessments) and 5)

Collections & liens

Association has a lien for unpaid assessments; may foreclose (Section 5.13) (Section 5.13: 'Collection of Assessments)

Reserves & fees

Reasonable reserves as deemed appropriate by Board or required by Governing Documents or Applicable Laws (Section 1.18.12); also in Article 13 (Mortgagee protections, Section 13.5) (Sections 1.18.12 and 13.5)

Pets

Animals are addressed (Section 6.5) (Section 6.5: 'Animals')

Use restrictions

Condominiums shall be used for residential purposes only (Section 6.1) (Section 6.1: 'Residential Use')

Voting & meetings

Membership and voting rights set forth in Article 4; each Condominium has one membership (Section 4.1); number of votes per Owner per Section 4.2 (Article 4 Membership and Voting Rights; )

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