The. 1220 La Playa Condominium Association

Key facts from The. 1220 La Playa Condominium Association's documents

Reflects the 1981 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

1220 La Playa Condominium Association

Developer / declarant

Helmut Schmidt and Carmen Schmidt

Governing law

California Civil Code, Title 6, Part 4, Division Second (Condominium Act) (WHEREAS paragraphs (page 1))

Assessments & dues

Set annually by Board based on estimated cash requirement; assessed per Exhibit D (equal except insurance/paint/roof reserves prorated by size) (Article XI(a) (page 20); Exhibit D (page)

Special assessments

May be levied by Board when estimated sum is inadequate; any single special assessment exceeding 5% of budgeted gross expenses requires majority vote of non-subdivider Owners; special assessments for compliance or maintenance default are ex (Article XI(a), (b) (page 21); Article VI)

Collections & liens

Unpaid assessments, interest, costs and attorneys' fees become a lien upon recordation of notice of assessment per Civil Code §1356; foreclosure by court action or power of sale per CC §§2924, 2924b, 2924c; deed after redemption; lien subor (Article XII (pages 22-23); Article XIII()

Reserves & fees

Board shall include reasonable provision for contingencies and replacements in annual budget (Article XI(a) (page 20))

Pets

Dogs, cats or other household pets may be kept in Units subject to rules adopted by Board (Article XV(e) (page 27))

Leasing & rentals

Not explicitly restricted in the extracted text; Units may be leased/rented as part of general use (see WHEREAS phrase "leased, rented") (Introductory paragraph (page 2): "shall )

Parking & vehicles

Exclusive easements for parking areas P-1 through P-24; no obstruction of Common Area; no storage in Common Area without Board consent (Article I(n) (page 5); Article XV(b) (pa)

Architectural approval

Board consent required for any alterations or construction in Common Area; structural alterations or capital improvements exceeding $1,000 or aggregate 5% of budgeted gross expenses require Owner approval (Article XV(g) (page 27); Article XX (pag)

Home business

Office purposes allowed only in connection with residential use of the Unit (Article XV(a) (page 26))

Maintenance

Board responsible for roof reserves (prorated per Exhibit D); roof areas not to be used by Owners except emergency (Exhibit D (page 45); Article XV(f) (page)

Insurance

Fire insurance with extended coverage; plate glass if desired; comprehensive liability insurance (Article VIII(b), (c) (pages 14-15))

Use restrictions

Each Residential Unit shall be used only for residential purposes or for office purposes in connection with its residential use (Article XV(a) (page 26))

Voting & meetings

Class A (individual/joint Owners) one vote per Unit; Class B (Declarant) three votes per Condominium owned until conversion to Class A upon equal votes or 2nd anniversary of first public report (Article IV(a), (b) (pages 6-7))

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