Glen Park Marketplace Homeowners Association

Key facts from Glen Park Marketplace Homeowners Association's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Glen Park Marketplace Homeowners Association

Governing law

Davis-Stirling Common Interest Development Act (California Civil Code Section 1350 et seq.) (Recitals, Page 7)

Assessments & dues

Not a fixed amount; the Board establishes and levies annual Regular Assessments in an amount sufficient to perform Association duties. (Section 4.3)

Special assessments

The Board may levy Special Assessments by majority vote if common expenses for a given fiscal year are determined to be inadequate. Amount approved by Board vote becomes a Special Assessment. The Board may prorate over remaining months or l (Section 4.4, Section 4.5)

Reserves & fees

The Association may not charge or collect fees or Assessments in connection with the transfer of a Condominium in excess of the actual cost of records. (Section 4.5(d))

Pets

Yes, an Owner may keep no more than two (2) domesticated birds, cats, dogs, aquatic animals kept in aquariums, or other pets as agreed between the Association and the Owner. (Section 7.4)

Leasing & rentals

Yes, Owners are entitled to rent or lease their entire Unit. (Section 7.7(a))

Architectural approval

Plans and specifications must be submitted; if the Board fails to approve or disapprove within thirty (30) days after submission, approval is deemed given and the related conditions are deemed satisfied. (Section 7.10)

Home business

An Owner may maintain an office in a Unit to conduct a trade or business provided such office complies with applicable law and does not create a nuisance. (Section 7.1)

Signs & flags

Flags or banners of two (2) square feet or less, made of paper, cardboard, cloth, or fabric, may be displayed on a Unit unless prohibited for safety. (Section 7.3)

Use restrictions

Each Unit shall be occupied and used only as a residence by the Owner, his tenants, and guests. (Section 7.1)

Voting & meetings

Two classes of membership: Class A (all Owners except Declarant) with one vote per Condominium; Class B (Declarant) with voting power as set forth in Section 3.4(b). No fractional votes. When more than one Owner, a single Voting Owner must (Article III, Section 3.4)

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