Fairbanks Montecito Homeowners Association

Key facts from Fairbanks Montecito Homeowners Association's documents

Reflects the 1984 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Fairbanks Montecito Homeowners Association

Developer / declarant

WATT INDUSTRIES/SAN DIEGO, INC., a California corporation (Article I, Section 10)

Special assessments

Permitted and may be levied by Association (Article IV, Section 1 ('special assessme)

Collections & liens

Delinquent assessment becomes lien upon recording Notice of Delinquent Assessment; lien expires after 1 year unless extended; may be enforced by power of sale per Civil Code §§2924, 2924(b), 2924(c). Association may purchase at foreclosure (Article IV, Section 5)

Reserves & fees

Amount provided for in the Bylaws (Article IV, Section 5: 'a late charge ma)

Pets

Yes, up to 2 usual household pets (excluding caged birds and aquarium fish) without prior written consent of Board. (Article V, Section 6)

Home business

Prohibited: 'no portion thereof nor the Common Area shall be used for any commercial purpose whatsoever.' (Article V, Section 1)

Signs & flags

One sign of customary dimensions for sale or lease with Board permission; must conform to ordinances; no signs on Common Area except by Board authority. (Article V, Section 8)

Use restrictions

Each Living Unit shall be improved, used and occupied for private, single-family dwelling purposes only. (Article V, Section 1)

Voting & meetings

Two classes of voting membership, as set forth in the Bylaws (Article III, Section 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.