629 Chestnut Street Condominium Owners Association

Key facts from 629 Chestnut Street Condominium Owners Association's documents

Reflects the 1999 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

629 Chestnut Street Condominium Owners Association

Units / lots

7 units (Unit 101, 102, 201, 202, 301, 302, 401) (Exhibit '2' to Amendment, page 3 of DOC )

Governing law

California Civil Code Sections 1350-1376 (as referenced) (Declaration, Preamble (page 7) and Recit)

Assessments & dues

Board establishes regular assessment after reviewing preliminary operating budget, considering member comments, and subject to limitations (max 20% increase without owner vote). (Section 10.4.2 and 10.4.5 of Declaration)

Special assessments

Must be approved by majority vote of owners, except for emergency or extraordinary expenses that could not be foreseen; special assessment may also be levied against a particular unit for reimbursement of damages or compliance costs. (Section 10.4.3, 10.4.4, 10.4.5 of Declar)

Collections & liens

Association may record lien for delinquent assessments plus related charges; may foreclose via judicial action or nonjudicial sale under power of sale. (Section 11 of Declaration)

Reserves & fees

Required per Civil Code Section 1365; budget must include reserves for future repair/replacement of major components; reserve accounts must be separate, with signatures of two persons for withdrawals. (Section 5.4.1, 5.6 of Declaration)

Pets

Domestic dogs, cats, fish, and birds within bird cages allowed as household pets, provided not kept for commercial purposes. (Section 3.10 of Declaration)

Leasing & rentals

Yes, owner may lease his condominium to a single family. (Section 3.2 of Declaration)

Architectural approval

Yes, under Section 18 (Architectural Control) for external fixtures, structural alterations, exterior alterations, etc. (Sections 3.8, 3.13, 3.14, and reference )

Home business

Not permitted (see residential use only). (Section 3.1)

Use restrictions

All Units shall be used for residential purposes only; no business, commercial, manufacturing, or mercantile use allowed. (Section 3.1 of Declaration)

Voting & meetings

Two-class system: Class A (all Owners) one vote per condominium; Class B (Declarant) three votes per condominium owned. Weighted votes. Cumulative voting for Board elections allowed if candidate nominated. (Section 9.2 and 9.4 of Declaration)

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