Cypress Valley Homeowners Association

Key facts from Cypress Valley Homeowners Association's documents

Reflects the 1998 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Development (Recital B, "as a Planned Development")

Legal name

Cypress Valley Homeowners Association

Units / lots

Phase 1: 9 lots (Lots 7-13, 60, 61) (Recital C)

Developer / declarant

CYPRESS VALLEY LLC, a California limited liability company (Opening paragraph)

Governing law

California Civil Code (Sections 4.3, 4.7, 8.1(f): references to)

Assessments & dues

Board adopts annual budget; regular assessment determined to meet expenses including reserve fund. Notice of increase mailed 30-60 days prior. (Section 4.2)

Special assessments

Allowed by Board if funds inadequate; may be levied immediately or in installments. Also individual special assessments for compliance costs (not a lien). Notice required 30-60 days prior. (Sections 4.2, 4.4)

Collections & liens

Assessment becomes a lien upon recording Notice of Delinquent Assessment after 15 days delinquent. Lien may be foreclosed by non-judicial sale after 30 days following recording. Association may purchase Lot at sale. Suit for money judgment (Section 4.7)

Reserves & fees

Regular assessments include an adequate reserve fund for periodic maintenance, repair, replacement of Common Area / Common Maintenance Area. (Section 4.1, 4.2)

Pets

Yes, reasonable number of dogs, cats, or other household pets may be kept, not for commercial purpose. (Section 7.6)

Architectural approval

Yes, Architectural Committee approval required for any construction, development, alteration, grading, landscaping, addition, excavation, modification, decoration, painting, reconstruction on a Lot. (Section 6.1)

Home business

Permitted if allowed by City zoning and in compliance with Declaration. (Section 7.2)

Use restrictions

Yes. No Lot used except for residential purposes. Declarant/Builder may use for model homes, sales offices until all Lots sold. (Section 7.2)

Voting & meetings

Two classes: Class A (all Owners except Declarant and Builders) 1 vote per Lot; Class B (Declarant and Builders) 3 votes per Lot. Class B ceases on earlier of: (1) 2 years after first conveyance to Purchaser under most recent Final Subdivis (Section 3.2)

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