Madison Avenue Homeowners Association

Key facts from Madison Avenue Homeowners Association's documents

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

Community type

Condominium (the Project is a Condominium Property) (Section 1.14)

Units / lots

5 lots (Lots 42, 43, 44, 45, and 46, Block 59 of University Heights) (Recitals A)

Governing law

California Civil Code (references to §§4080, 4100, 4270, 4340-4370, 4525, 4528, 4530, 5105, 5300-5320, 5550, 5570, 5600, 5610, 5650-5660, 5675, 5730, 5800, 5855, 6100) (Various sections throughout)

Assessments & dues

Board prepares annual budget, estimates Common Expenses, and sets Regular Assessments. If budget not distributed timely, cannot increase Regular Assessments without member approval. (Section 4.2(a), (b))

Collections & liens

All Assessments, late charges, interest, and costs become a charge on the Unit and may become a lien when a Notice of Delinquent Assessment is recorded. The Association may foreclose on the lien. (Section 4.1(c), 4.10(b)(vii))

Reserves & fees

Required under Article IV; defined as Common Expenses set aside for periodic maintenance, repair, and replacement of major components. Amount determined annually per Civil Code §§5300 and 5550. (Section 1.26, 4.2(a))

Pets

Yes, Household Pets allowed (Section 8.7). No specific count, breed, or weight limits stated. (Section 8.7)

Leasing & rentals

Yes, but with restrictions: minimum lease term not less than one year; entire Unit must be leased; written lease required subject to Governing Documents; tenant must receive copy of Governing Documents; Owner responsible for tenant complian (Section 2.4(a), (b), (c))

Architectural approval

Yes, for any Improvement, as defined in Section 1.17, including construction, alteration, landscaping, fences, etc. (Section 5.1, 1.17)

Home business

Restricted; see Section 8.10: Business Activities. (Section 8.10)

Signs & flags

Regulated under Section 8.9: Signs. (Section 8.9)

Insurance

Individual fire and casualty insurance limited by Section 10.4. (Section 10.4)

Voting & meetings

Each Member (Owner of a Unit) is entitled to one vote per Unit owned. Joint owners cannot cast more than one vote per Unit. (Section 3.3)

Amendments

Article XVII: Amendment of Declaration; requires approval of Owners as specified (not less than two-thirds of Voting Power? Recitals D states 79% approved this restatement). Also requires consent of first mortgagees for certain amendments ( (Article XVII, Section 14.14)

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