Showing ordinances that apply to Gold River, CA
Gold River is an unincorporated community (population 7,844) in Sacramento County, California. Because Gold River is not an incorporated city, it does not have its own municipal code. Instead, Sacramento County ordinances apply directly to properties here. The assessment & dues rules below are the ones that govern your area.
California HOA assessments are governed by Civil Code 5605. Regular increases over 20 percent or special assessments over 5 percent require member approval.
Under California Civil Code 5605, an HOA board may not raise regular assessments more than 20 percent or levy special assessments exceeding 5 percent of budgeted gross expenses in a fiscal year without member approval by majority of a quorum. Emergency assessments for imminent threats may be imposed by board action alone. Delinquent assessments accrue late charges (up to 10 percent or 10 dollars, whichever greater), interest (12 percent per annum after 30 days), and collection costs. Liens and foreclosure remedies under Civil Code 5700-5720 apply.
Board assessment actions exceeding statutory limits without member vote are void and enforceable by members in court.
See how Gold River's assessment & dues rules stack up against other locations.
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