Oceana Condominium Owners Association

Key facts from Oceana Condominium Owners Association's documents

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

Units / lots

54 (inferred from owner's proportionate share = 1/54th of total annual expenses) (Amendment 5, page 2: '1/54th of the tota)

Developer / declarant

Oceana Construction Co. (Recitations (1st page))

Governing law

California Civil Code §1355 and California Nonprofit Mutual Benefit Corporation Law (Corporations Codes 7110-8970) and Davis-Stirling Common Interest Development Act (Civil Code 1350-1373) (Recitations (1st page), Bylaws Article I)

Assessments & dues

Regular monthly assessments and special assessments levied by the Association; owner's proportionate share is 1/54th of total annual expenses. (Amendment 5, page 2: '1/54th of the tota)

Special assessments

Authorized for capital improvements and emergencies. (Amendment 5, page 2: 'special assessment)

Collections & liens

Delinquent assessments become a lien upon recordation of Notice of Delinquent Assessment under California Civil Code §1367; enforcement includes attorney fees. (Amendment 5, page 2-3)

Reserves & fees

Greater of $10.00 or 10% of delinquent amount, or such lower rate as Association designates; also interest at 12% per annum or highest rate allowed by law. (Amendment 5, page 2-3)

Pets

Fish in bowls or aquariums; caged birds except parrots, myna birds or other 'talking' birds (subject to Association approval); prohibition does not extend to animals permitted by law (service animals implied). (Amendment 2, page 1)

Leasing & rentals

Leasing allowed; owner may assign use rights (but not voting) to tenant; tenant must comply with governing documents; owner must provide written notice to Secretary of assignee's name; during lease, non-resident owner may not use recreation (Bylaws Article VI §6.2)

Parking & vehicles

Carports assigned for exclusive use; all personal vehicles must be parked in assigned parking space; Association assigns one carport per owner. (Amendment 4, page 2 (Exclusive Use Commo)

Voting & meetings

One vote per condominium; single class of membership; multiple owners treated as one member for voting (but adoption of Corp Code §7612); each member entitled to one vote for each condominium owned. (Bylaws Article III §3.3, Article IV §4.1)

Amendments

Declaration may be amended by instrument signed and acknowledged by President and Secretary certifying approval by at least two-thirds (2/3) of recorded owners. (Recitations (quoting Article X of Declar)

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