Madera Plaza Owners Association

Key facts from Madera Plaza Owners Association's documents

Reflects the 1991 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Madera Plaza Owners Association

Units / lots

5 parcels (Article 1.17 (Parcels 1-5))

Governing law

California Civil Code (References to Civil Code Sections 1366(b)

Assessments & dues

Not fixed; set by Board (Article 4.3)

Special assessments

Allowed for emergencies (Civil Code Section 1366(b)) and for maintenance/repair (Article 4.3A(1) and (2))

Collections & liens

Assessment becomes a lien upon recordation of notice of delinquent assessment; may be enforced by sale under power of sale or court action; foreclosure extinguished prior mortgage liens except recorded prior assessment liens (Article 4.1, 4.9)

Reserves & fees

Board annually fixes amount for reserves for replacement; separate account maintained (Article 4.4)

Pets

No animals, reptiles, insects or birds of any kind may be raised, bred, or kept on any parcel or property (Article 7.5)

Leasing & rentals

Yes, tenants allowed; leases must obligate tenant to comply with Project Documents and rules (Article 8.13)

Architectural approval

No fence, wall, obstruction, exterior wiring, balcony, screen, awning, improvement or structure shall be erected, painted, repainted or maintained without written approval of Board or Architectural Control Committee (Article 7.9)

Signs & flags

No signs visible to public view except those approved by Board; must conform to local ordinances and Association regulations; no advertising/promotional activities without Board consent (Article 7.4)

Maintenance

Association maintains and repairs Maintenance Area (parking, walkways, landscaping); each owner maintains building on its parcel (Article 5.1.1)

Use restrictions

Residential usage prohibited; only office and business, research, development and administrative office purposes (Article 7.1)

Voting & meetings

Two classes: Class A (owners) with votes per parcel: Parcel 1:15, Parcel 2:18, Parcel 3:18, Parcel 4:15, Parcel 5:15; Class B (Declarant) triple votes per parcel owned until Declarant owns a parcel or sooner terminated (Article 3.4)

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