Mildred Street Townhomes Homeowners Association

Key facts from Mildred Street Townhomes Homeowners Association's documents

Reflects the 1986 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Mildred Street Townhomes Homeowners Association

Developer / declarant

MILDRED STREET INVESTORS, a California Limited partnership (Recitals, Page 4)

Governing law

Davis-Stirling Common Interest Development Act (Recitals C, Page 5)

Assessments & dues

Maximum regular annual assessment until January 1st following conveyance of first Condominium: $1,047.84 per Condominium. (Section 3.3, Page 11)

Special assessments

Board may levy special assessment if funds inadequate for common expenses; amount determined by Board; may be prorated over remaining months or levied immediately. (Section 3.4, Page 11)

Collections & liens

Assessment becomes a lien upon recording a Notice of Delinquent Assessment; foreclosable like mortgage or by sale under California Civil Code Sections 2924, 2924(b), 2924(c) and 1367; suit for money judgment also maintainable. (Sections 3.12, 3.13, Pages 13-14)

Reserves & fees

Board must establish at least two separate accounts: Operating Account and Reserve Account for capital improvements, replacements, painting, repairs of Common Area; no commingling. (Section 3.20, Page 16)

Pets

Yes, but limited to domesticated pets (dogs, cats or other usual household pets), not exceeding 2 in number, aggregate weight 25 pounds; not for commercial purposes; no annoyance; pets must be leashed in Common Area; cleaning of waste requi (Section 4.4, Page 17)

Leasing & rentals

Yes, provided lease in writing and tenant bound by Declaration, Bylaws and Rules; no transient/hotel purposes; lease less than 30 days or with hotel services deemed transient. (Section 4.2, Page 16)

Parking & vehicles

Car maintenance (other than emergency work) prohibited without prior written approval of Board. (Section 4.10, Page 18)

Architectural approval

No building, fence, wall or other structure or improvement shall be commenced, erected, placed or altered upon the Common Area until plans approved in writing by Board or Architectural Committee as to harmony of external design, color and l (Section 4.18, Page 21)

Signs & flags

No signs except one sign advertising sale or lease with prior written permission of Board and conforming to ordinances; Declarant may install signs during sales period. (Section 4.6, Page 17)

Maintenance

Owner responsible for interior of Unit, glass doors/windows, metal frames/tracks, appliances (built-in or free-standing), plumbing/electrical/HVAC within unit, interior surfaces, and deck/yard areas. Corporation responsible for common area (Sections 5.1, 5.2, 5.3, Pages 22-23)

Insurance

Each Owner responsible to pay any deductible amount for loss to his Condominium. (Section 9.3, Page 27)

Use restrictions

Each Unit improved, used and occupied for private single-family dwelling purposes only; no portion for commercial purpose except allowed by zoning or as model/sales office by Declarant. (Section 4.1, Page 16)

Voting & meetings

Two classes: Class A (each Member other than Declarant, one vote per Condominium owned); Class B (Declarant, not more than three votes per Condominium owned). Conversion to single class upon meeting conditions. (Article II, Section 2.1, Pages 8-9)

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