248-252 Ninth Street Owners Association, Inc.

Key facts from 248-252 Ninth Street Owners Association, Inc.'s documents

Reflects the 2015 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Table of Contents and Article 1 definiti)

Legal name

248-252 Ninth Street Owners Association, Inc.

Units / lots

16 (1 commercial + 15 residential) (Condominium Plan sheets (Units 101, 201-)

Developer / declarant

NINTH STREET GROUP, INC. (71.42% interest) and CHIA INVESTMENT I, LLC (28.58% interest) (Signature page and page 47 (Consent and )

Governing law

California Civil Code (References to Civil Code §§ (e.g., §5300)

Assessments & dues

Determined annually by Board based on budget (Section 3.6 (page 11))

Special assessments

Allowed for capital improvements, extraordinary expenses, or other permitted by law; Board may levy with 30-60 days notice; owner vote required if combined with regular assessment increases total >20% or exceeds 5% of budgeted gross expense (Sections 3.7, 6.2A(1)(iii) (pages 11-12,)

Collections & liens

Association may record notice of delinquent assessment and foreclose; must comply with Civil Code §§5660, 5670, 5673, 5675, 5685 (Section 3.12 (page 12))

Reserves & fees

Maintenance Reserves collected as part of budget; funding plan required under Section 3.2 (Sections 3.2, 3.6 (pages 1, 11))

Pets

Yes, limited to common household pets: domesticated cats, dogs, rodents, rabbits, turtles, fish; caged birds, gerbils, hamsters, guinea pigs; no miniature pigs, pot-bellied pigs, livestock, poultry, reptiles (except small turtles) (Section 2.5 (page 7))

Leasing & rentals

Yes, Owner may rent all or any portion of Condominium (Section 2.12 (page 8))

Architectural approval

Yes, for any alteration, addition, improvement (except normal interior painting, carpet, etc.) (Section 2.13.A (page 9))

Home business

Allowed in Residential Unit if no exterior evidence, conforms to regulations, and is incidental to residence (Section 2.2 (page 6))

Signs & flags

Non-commercial flags up to 3 sq ft allowed (Section 2.11A(i) (page 8))

Maintenance

Owner maintains Unit interior, exclusive use common areas, and is responsible for damage caused by acts/omissions; Association maintains Common Area except as specified (Sections 4.1, 4.2, 4.3 (pages 12-14))

Insurance

Association property insurance on Common Area and Units (except improvements) in amount of full replacement value; also director and officer liability insurance (Section 4.4A (page 14))

Use restrictions

Residential Units solely for residential use; Commercial Unit may be restaurant, retail, health/fitness, office, or other compatible purpose; prohibited: bar (except with restaurant), marijuana dispensary (Section 2.2 (page 6-7))

Voting & meetings

Each Owner has voting power equal to percentage interest (Section 3.8 (implied by allocation) and )

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