FOR FULL ACCESS TO SITE CONTENTS - PLEASE REGISTER
If you need to contact Security, please call 310-510-0837 or 213-700-3283.
FIRE INSURANCE $664,000 LESS THAN LAST YEAR!!! COMPARISON HERE. FULL PROPOSAL HERE.
BOD MINUTES 3/14/26 AND 3/18/2026
HISTORY OF INSUANCE COSTS HERE
SUMMARY OF INSURANCE 2026-2027 HERE
2026 BUDGET REPORT AND POLICY STATEMENTS CAN BE FOUND HERE
NEW PAGE--OWNER FORMS
FORMS TO BE SUBMITTED FOR MULTIPLE REASONS INCLUDING SHORT
TERM RENTING, GUEST AUTHORIZATION AND MOORING REQUESTS ARE
NOW AVAILABLE. SEE OWNERS FORMS TAB.
NEW PAGE--ARCHITECTURAL COMMITTEE
Matters involving the Committee
DO NOT FEED THE DEER. SUBJECT TO A FINE.
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CATALINA ISLAND WATER TUTORIAL HERE
FAQS RE WATER HERE
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NORRIS BISHTON, PRESIDENT
SUMMARY OF INSURANCE 2025-2026 HERE
LEARN ABOUT HAMILTON COVE HERE
LARGE ITEM PICK UP HERE
DO NOT PLACE LARGE ITEMS NEAR OR IN THE
TRASH BINS UNLESS YOU HAVE DONE THE FOLLOWING:
Each Unit or residence at Hamilton Cove is allowed three large item pick up calls per year. A maximum of two items may be
included for each call. Items included in this program are furniture, appliances, BBQ grills, bikes without the tires and
e-waste products such as TV's, computers and printers.
To schedule a pick up an Owner should call Avalon Environmental Services at 310-510-0240.
Avalon Environmental Serviceswill let the Owner know which day it will be picking up the item. Pick up days are
Tuesday, Wednesday and Thursday. The item needs tobe taken up to our maintenance building area and placed
near the large trash bins. On a piece of paper attached to the item the
owner should write the date the item will be picked up and their unit or residence number.
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FINANCING AND REFINANCING A UNIT
Some Owners and prospective Owners have difficulty financing their Units. The problem is that some lenders are
concened that Hamilton Cove is a condotel. Hamilton Cove is not a condotel and it does not meet the definition of a
"condotel". The Association does not have a rental pool or a rental desk. It does not participate in rentals in anyway.
The second problem is that a few Units remain as subleases. Lenders normally require an Owner/Sublessee seeking
to refinance or a buyer of a subleased unit to purchase the fee.
With regard to subleases, the Association informs lenders as follows:
The Association owns the land where the project is located. The Association has transferred a condominium interest in
fee to mostof the Owners. The remaining few Owners are purchasing the fee interest in their condominiums over time by
paying theAssociation $419.67 a month. At any time they can pay the remaining balance of the purchase price and obtain the fee
interest in their condominiums. These Owners currently have an undivided fee interest in the land where their
unit is located and the Common Area. When an Owner purchasing his or her fee interest by monthly payments to the
Association sells or refinances his or her condominium, the balance of the purchase price is paid, and the Association
then transfers the fee interest in the condominium to the Owner.
The Association continuously receives forms from prospective lenders which it has to fill out. While many of the questions are
similar, no two forms are the same. The Association will try to assist Owners or prospective Owners with their efforts to obtain a loan.
The best way to obtain assistance is through an e-mail to the Association describing the problem.
AS UNITS ARE FINANCED OR REFINANCED THE ASSOCIATIONS ATTEMPTS TO LEARN THE IDENTITY OF THE
LENDER AND LOAN BROKER, IF ANY. CONTACT THE OFFICE IF YOU WANT THIS INFORMATION.
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A NUMBER OF OWNERS PARTICIPATING IN THE MASTER LAND LOAN ARE EXERCISING THEIR OPTION TO
PURCHASE THE FEE,TAKING ADVANTAGE OF LOW INTEREST RATES. INTEREST ON THE MLL IS 6.25%.
FINANCIAL STATEMENTS
MONTHLY COMPILED FINANCIAL STATEMENTS AVAILABLE.
GO TO FINANCIAL STATEMENTS TAB.
TRANSFER FEES APPROVED 4/9/2022
i) Sale or transfer of a Unit by a Fee Owner–$500;
ii) Refinancing by an Owner--$500;
iii) Financing a Unit by a Purchaser to be paid by Purchaser–$500;
iv) Payment of his or her pro rata share of the Master Land Loan by a Sublease Owner together
with the acquisition of afee interest in his or her unit–$750;
v) Sale by a Sublease Owner involving purchase of the fee--$750
Email the Association