Ivey Pointe Homeowners Association

Key facts from Ivey Pointe Homeowners Association's documents

Reflects the 1999 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Unit Development (Article 1.3)

Legal name

Ivey Pointe Homeowners Association (Article 2.7 and Recitals)

Governing law

California Civil Code Sections 1350 et seq. and California Business and Professions Code Section 11000 et seq. (Article 1.3 and Declaration paragraph)

Assessments & dues

Board approves annual budget which establishes Regular Assessments for each fiscal year. (Article 6.4.1 and 6.4.2)

Special assessments

May be levied if budgeted expenses are inadequate; if amount exceeds 5% of budgeted gross expenses, it is subject to the limitations in Section 6.8. (Article 6.5)

Voting & meetings

Two classes: Class A (one vote per lot for all Owners except Declarant); Class B (three votes per lot for Declarant). Conversion to single Class A upon earliest of (a) second anniversary of first close of escrow in a Phase under most recent (Article 5.2.1, 5.2.2)

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