Waterpoint Owners Association

Key facts from Waterpoint Owners Association's documents

Reflects the 2014 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Mixed-use (residential, live/work, commercial) condominium community (Article 1.3: Declarant intends to develo)

Legal name

Waterpoint Owners Association (Section 2.13: Waterpoint Owners Associat)

Developer / declarant

CR POINT LOMA TOWN HOMES, LLC, a Delaware limited liability company (Opening paragraph of Declaration)

Governing law

California Civil Code Section 4000 et seq., Section 4125, Section 5975; California Business and Professions Code Section 11004.5(c); Federal Arbitration Act (Article 1.8, Declaration paragraph, Arti)

Special assessments

Special Assessments levied pursuant to Section 6.6 (Section 2.111, Section 6.6)

Reserves & fees

Reasonable reserves as deemed appropriate by the Board or required under Governing Documents or Applicable Laws (Section 2.40.11)

Use restrictions

Residential Condominiums are intended for residential use; Live Work Units allow commercial and residential (Article 1.3; Section 2.78 (Live Work Con)

Voting & meetings

Membership and voting rights set forth in Article 5; each Condominium has one membership (Article 1.5: Each Condominium shall have)

Amendments

Before first conveyance of a Condominium: by Declarant (15.1); after conveyance: with approval of Owners as set forth in Article 15, including material amendments requiring supermajority (15.3) (Article 15 heading; Sections 15.1, 15.2,)

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