Famosa Terrace Owners Association

Key facts from Famosa Terrace Owners Association's documents

Reflects the 2000 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium Project (Recitals 1.2)

Developer / declarant

FAMOSA TERRACE CONDOMINIUMS, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY (Preamble)

Governing law

Davis-Stirling Common Interest Development Act (California Civil Code Section 1351(f)) (Recitals 1.2)

Collections & liens

Assessment lien and foreclosure permitted under Section 11.23 (Section 11.23)

Reserves & fees

Use of reserve funds governed by Section 11.32 (Section 11.32)

Maintenance

Section 14 details responsibilities of Owner and Association for maintenance, repair, replacement (Section 14 (Table of Contents))

Use restrictions

Dwellings used exclusively for residential purposes (Section 3.19: "used exclusively by the O)

Voting & meetings

Two classes: Class A (one vote per Condominium) and Class B (Declarant, three votes per Condominium owned) (Sections 8.2.1, 8.2.2)

Amendments

Amendment provisions in Section 20 (before and after Public Report, after first conveyance) (Section 20)

Amenities

Parking spaces, elevator, fencing, lighting, walkways, landscaping (Section 1.3.2)

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