Stowe Drive Business Park Owners Association

Key facts from Stowe Drive Business Park Owners Association's documents

Reflects the 2000 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Owners Association) (Section 1.4: STOWE DRIVE BUSINESS PARK O)

Units / lots

5 building lots (each with one building) (Section 1.3.1: five (5) Lots; Sections 3)

Developer / declarant

GMR, LLC, a California limited liability company (Opening paragraph after recitals)

Governing law

Davis-Stirling Common Interest Development Act (California Civil Code Section 1351(k)) as a 'planned development' (Section 1.2)

Reserves & fees

Reasonable reserves for replacement of Common Area Improvements, Shared Utility Facilities, and Association Property, plus contingency reserve (Section 3.32.1 PROJECT EXPENSES (includi)

Leasing & rentals

Lease of buildings is allowed (subject to restrictions) (Section 11.6 LEASE OF BUILDINGS)

Architectural approval

All Improvement Plans subject to review by Architectural Committee (Declarant or Board) (Article 12 ARCHITECTURAL AND DESIGN CONT)

Use restrictions

Use restrictions apply; must comply with Applicable Laws and insurance requirements; noxious or hazardous materials regulated (Sections 11.1, 11.2, 11.3, 11.4)

Voting & meetings

Two classes: Class A (all owners except Declarant) and Class B (Declarant); Class B voting rights until certain conditions (Section 8.2 CLASSES OF VOTING RIGHTS; 8.)

Amendments

Amendments require approval by a specified percentage of members as set forth in Article 22 (Article 22 AMENDMENTS)

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