La Pacificia Condominium Association

Key facts from La Pacificia Condominium Association's documents

Reflects the 2015 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

La Pacificia Condominium Association

Developer / declarant

Board of Directors of the La Pacificia Condominium Association (Recitals; Article I (Definition of Decla)

Governing law

California Civil Code Sections 783, 1351, 2924-2924h (Recitals; Article I; Article VII, Sectio)

Assessments & dues

Board of Directors determines expenditure budget within 120 days before close of each fiscal year. Budget includes all expenses and reasonable reserve funds. Total assessment equals budget less any surplus. Budget distributed to members at (Article VII, Section 4)

Special assessments

Board may levy special assessments up to 5% of budgeted gross expenses per fiscal year without membership vote. Above 5% requires majority vote of each class. Exceptions: special assessments for costs incurred to bring a member or unit into (Article VII, Sections 7(a) and 7(b))

Collections & liens

Assessments are a lien on the condominium, effective upon recordation of a Notice of Assessment Lien. Lien secures all delinquencies, late charges, interest, costs, and attorney fees. Lien is subordinate to first mortgages. Foreclosure may (Article VII, Sections 1, 9, 10, 11, 12)

Reserves & fees

The expenditure budget shall include reasonable adequate reserve funds for contingencies and for maintenance, repairs, and replacement of Common Area elements that must be replaced on a periodic basis. (Article VII, Section 4)

Pets

Yes, no more than two (2) usual and ordinary household pets (dogs, cats, birds, etc.) may be kept, provided not for commercial purpose and kept under reasonable control. (Article VIII, Section 7)

Home business

Home offices or occupations without external evidence are permitted; internal business may not infringe on Common Area. (Article VIII, Section 2)

Use restrictions

Condominiums shall be occupied or used only for residential purposes by owners, tenants, and social guests. No trade or business may be conducted, except home offices or occupations without external evidence. Declarant may use units for mod (Article VIII, Sections 1 and 2)

Voting & meetings

Class A membership: each unit entitled to one vote. Joint owners must vote as a majority among themselves; no split votes. Voting rights vest upon levy of annual assessments. (Article VI, Sections 3(a) and 4)

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