The Sherwood Mission Valley Homeowners Association

Key facts from The Sherwood Mission Valley Homeowners Association's documents

Reflects the 1994 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Condominium Property)

Legal name

The Sherwood Mission Valley Homeowners Association, Inc.

Governing law

California Civil Code sections 1354 and 1363.1(i) (Article XI Section 3(a) and 3(b))

Collections & liens

Monetary penalties cannot become lien except reasonable late payment penalties and collection costs; foreclosure available for unpaid assessments (Section 4(a)(i)(B) and 4(a)(ii))

Reserves & fees

Reasonable late payment penalties allowed for delinquent assessments (Section 4(a)(ii))

Use restrictions

Association shall take action to repair or avoid nuisance at cost of responsible Owner (Section 3(c))

Voting & meetings

Suspension of voting rights as penalty; amendment requires consent of at least 60% of members (Section 3(a) and WHEREAS clause)

Amendments

Requires consent of at least 60% of members after Board resolution (WHEREAS clause referencing Article XII S)

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