Le Parc Chateau Condominium Association

Key facts from Le Parc Chateau Condominium Association's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Throughout)

Governing law

Davis-Stirling Common Interest Development Act (California Civil Code section 4000 et seq.); California Nonprofit Corporation Law (California Corporations Code section 5002 et seq.) (Article 1.1)

Assessments & dues

Board estimates net charges for fiscal year, including contingencies, replacements, and reserves; regular assessments set accordingly (Article 4.3)

Special assessments

Permitted when regular assessments inadequate; levied in same manner as regular; can be lump sum or installments (Article 4.4)

Collections & liens

Delinquent assessment becomes lien upon recording Notice of Assessment Lien; may be enforced by judicial or nonjudicial foreclosure (except monetary penalty assessments cannot be enforced by nonjudicial foreclosure); notice requirements app (Article 4.14 and 4.10)

Reserves & fees

Association uses reserve funds; regular assessments include reasonable provision for reserves (Article 4.2, 4.3)

Voting & meetings

One vote per Unit (Article 3.4; also Definition 1.32 (Votin)

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