Marketwalk Owners Association

Key facts from Marketwalk Owners Association's documents

Reflects the 2009 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium with homeowners association (Association named MarketWalk Owners Association) (Section 2.14: "Association means the Mar)

Legal name

MarketWalk Owners Association, a California nonprofit mutual benefit corporation (Section 2.14)

Developer / declarant

San Elijo Hills Town Center, LLC, a Delaware limited liability company (Declaration, opening paragraph)

Governing law

California Civil Code Sections 1350 et seq. (Davis-Stirling Common Interest Development Act) and California Business and Professions Code Section 11004.5(c) (Section 1.2: "in accordance with the pro)

Collections & liens

The Association has a lien and personal obligation for Assessments (Section 6.1). Collection of Assessments and liens permitted (Section 6.13). Lien subordinated to First Mortgages (Section 6.15). (Sections 6.1, 6.13, 6.15)

Reserves & fees

Reasonable reserves deemed appropriate by Board or required under Governing Documents are a Common Expense. (Section 2.38.6)

Amendments

Article 15 governs amendments: before close of first sale (15.1), after (15.2), with requirements for certain changes including construction defect claims (15.3), commercial parcel amendments (15.4), and consistency with Article 14 (15.5). (Article 15 headings)

Amenities

Outdoor Eating Areas (Section 2.84), Restricted Outdoor Eating Areas (Section 2.105), Commercial Communications Equipment (Section 2.29). (Sections 2.84, 2.105, 2.29)

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