Southgate Village Homeowners Association

Key facts from Southgate Village Homeowners Association's documents

Reflects the 2013 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Common Interest Development) (Preamble B, Section 1.12)

Legal name

SOUTHGATE VILLAGE HOMEOWNERS ASSOCIATION (Section 1.03)

Developer / declarant

Southgate Village Estates, LLC c/o Christopher Stearns, Attorney at Law, 1901 First Avenue, Suite 112, San Diego, CA 92101-0300 (Recording request header, Preamble)

Governing law

California Common Interest Development Act (Civil Code Section 1350 et seq.) (Preamble B, Section 1.39)

Assessments & dues

Board estimates amount needed for duties; variable assessment per unit according to formula that is equitably proportionate to value of common services furnished to the unit. (Section 4.03(a), Section 4.08)

Special assessments

Board may levy special assessment for unexpected costs, capital improvements, etc., subject to 5% limitation unless emergency exception applies. (Section 4.03(b), Section 4.04)

Collections & liens

Assessment together with late charges, interest, attorney's fees, and costs is a continuing lien upon the unit, effective upon recordation of notice of delinquent assessment. Personal obligation does not pass to successors unless expressly (Section 4.01, Section 4.11, Section 8.01)

Reserves & fees

Required: annual contribution to reserve for replacement; held in segregated trust accounts separate from operating funds; used solely for capital improvements and replacements. (Section 4.06, Section 4.07)

Parking & vehicles

Parking Spaces are part of Common Area (Association Property); not exclusive use. Association has right to assign, license, manage, and control Parking Spaces. (Section 2.02(b) note, Section 3.06(b))

Use restrictions

Not explicitly stated; Condominiums are residential (buildings contain residential Units). (Preamble B, Section 1.13 (Condominium Bu)

Voting & meetings

Class A (all owners except Declarant): 1 vote per Unit. Class B (Declarant): triple votes per Unit. Class B ceases on second anniversary of first conveyance or fourth anniversary of first subdivision report, whichever earlier. (Section 3.04)

Amendments

Common interest (undivided interest percentages) cannot be altered without consent of all Unit Owners affected and at least 67% of first mortgagees. Other amendments not detailed in excerpt. (Section 2.02(b)(1))

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