Presidio Place Condominium Association

Key facts from Presidio Place Condominium Association's documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Residential Condominium Development (Subtitle, page 1)

Legal name

Presidio Place Condominium Association

Units / lots

402 (Recital B, page 1: 'four hundred and two)

Governing law

California Civil Code (sections 1351(f), 1359, 1364, 1366, 1367, 1367.1, 2924 et seq.) (Various, e.g., Recital B (section 1351(f)

Assessments & dues

Board estimates net charges including contingencies, replacements, and reserves; assessed according to Unit type factors (Plan Types A-G) for certain expenses, and equally for all other expenses (Section 4.3, pages 11-12: 'Regular asses)

Collections & liens

Delinquent assessments (excluding monetary penalties) may become a lien recorded as Notice of Assessment Lien; enforceable by judicial foreclosure or nonjudicial foreclosure; monetary penalties cannot be enforced by nonjudicial foreclosure (Sections 4.14 and 4.9, pages 14-15 and 1)

Reserves & fees

Regular assessments include 'a reasonable provision for contingencies, replacements and reserves' (Section 4.3, page 11)

Pets

Yes, one pet per Unit subject to Rules and Regulations; no commercial raising or keeping (Section 5.3.12(a) and (c), pages 21-22: )

Leasing & rentals

Yes, subject to restrictions (Section 5.3.4, pages 19-21)

Parking & vehicles

Board may adopt reasonable rules governing operation, maintenance, storage and parking of trucks, campers, trailers, boats or commercial vehicles (Section 5.3.18, page 23: 'Board, in its )

Home business

Board may establish guidelines for home occupations consistent with residential use, no external effects, compatible with residential characteristics (Section 5.3.3, page 19: 'Board may estab)

Use restrictions

Units shall be used only as private residences; home occupations allowed per Board guidelines (Section 5.3.3, page 19: 'Occupy or use a)

Voting & meetings

One vote per Unit (Section 3.4, page 7: 'Each Unit shall be)

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