Calvada Valley

Key facts from Calvada Valley's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Desert Sage Condominium Homeowners Association (Association shall mean Desert Sage Condo)

Developer / declarant

OPM.GROUP Limited Liability Company (Preliminary Statements: this Declaration)

Governing law

Nevada Revised Statutes (NRS), specifically NRS Chapter 116. (Preliminary Statements: common interest )

Collections & liens

Delinquent Assessments, together with interest, costs, and reasonable attorneys’ fees, become a lien on the Unit, prior and superior to all other liens except tax liens and certain others. Association may enforce by sale after Notice of Del (Section 6.6 LIENS)

Reserves & fees

Board shall establish at least two separate Association Maintenance Funds: Operating Fund and Reserve Fund for capital repairs and replacements. Surplus funds shall be paid to Owners or credited to future Assessments. (Section 6.1 ASSOCIATION MAINTENANCE FUND)

Leasing & rentals

Entire Unit may be rented, but no portion thereof. Board may terminate tenancy for violations. All leases must incorporate Association Governing Documents. Owners must provide written notice and name of prospective purchaser/tenant. Board m (Section 7.13 LEASES AND RENTALS; Section)

Voting & meetings

Each Unit has one vote. Co-owners must designate a single voting co-owner. Declarant has voting rights as a Unit owner. (Section 2.6 VOTING RIGHTS: Each Unit sha)

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