Promontory Park Condominiums Owners Association

Key facts from Promontory Park Condominiums Owners Association's documents

Reflects the 1987 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Recitals: 'establish a plan of condomini)

Legal name

Promontory Park Condominiums Owners Association

Developer / declarant

Christopher R. Hickman, Steve Bram, William P. Zebe, Alan M. Udwin, Lisa R. Udwin, Gonzalo Llamas, Colleen R. Llamas (Recitals, page 3)

Governing law

California Civil Code Sections 1350-1372 (Page 3: 'in furtherance of a plan of con)

Assessments & dues

The Board meets 30-60 days before each fiscal year to set the regular annual assessment. The Board reviews the budget and sets the assessment. Increases over 10% of prior year require Owner approval (51% of each class if two classes, or 51% (Section 6.4.1)

Voting & meetings

Two classes: Class A (all Owners except Declarant) – one vote per condominium owned. Class B (Declarant) – three votes per condominium owned. Cumulative voting for Board elections. Joint ownership: only one vote per condominium; if multiple (Sections 5.2.2, 5.4, 5.2.3)

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