Euclid Gardens Townhomes Homeowners Association

Key facts from Euclid Gardens Townhomes Homeowners Association's documents

Community type

Condominium

Legal name

Euclid Gardens Townhomes Homeowners Association

Developer / declarant

Euclid Gardens, a California General Partnership

Management

Condominium Consultants, Inc.

Governing law

Davis-Stirling Common Interest Development Act (Recital C)

Assessments & dues

Maximum regular annual assessment is $1,091.28 per condominium until January 1st of the year immediately following conveyance of first condominium to an Owner. (Article 3.3)

Special assessments

Board may levy special assessments if funds inadequate for common expenses, including unanticipated delinquencies, construction, repairs, replacements, or new capital improvements. Board may prorate over remaining months or levy immediately (Article 3.4)

Reserves & fees

Board shall establish at least two separate Maintenance Accounts: an Operating Account for current common expenses, and a Reserve Account for capital improvements, replacements, painting, and repairs of Common Area. (Article 3.20)

Pets

Yes, up to two domesticated pets (dogs, cats, or other usual household pets) with aggregate weight of 25 pounds. Not for commercial breeding. No pets that are annoyance or obnoxious. No pets in Common Area except as per Board rules. Dogs mu (Article 4.4)

Leasing & rentals

Yes, each Owner has right to lease his condominium, provided lease is in writing and tenant bound by Declaration, Bylaws, and rules. (Article 4.2)

Parking & vehicles

Each Owner has right to park one standard automotive vehicle in a parking space or garage he has exclusive right to use. Storage of nonhazardous items in storage cabinets allowed. (Article 4.16)

Architectural approval

If Board or Architectural Committee fails to approve or disapprove within 60 days after submission, approval not required provided structure conforms to other conditions and is in harmony with similar structures. Grade, level, or drainage c (Article 4.18)

Insurance

Each Owner responsible to pay any deductible amount for loss to his condominium. (Article 9.3)

Use restrictions

Each unit shall be used and occupied for private single-family dwelling purposes only; no commercial purpose except as allowed by zoning or variances. (Article 4.1)

Voting & meetings

Two classes: Class A (each Owner other than Declarant, one vote per unit owned); Class B (Declarant, up to three votes per unit owned). Class B converts to Class A upon first to occur: (a) when total Class A votes equal Class B votes, or (b (Article 2.1)

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