Ownership Structure

Home
Up

Ownership of the Skypark

bullet

We are a  "Common Interest Subdivision", comprised of 60 privately-owned residential lots and three commercial lots  (an FBO lot, a restaurant and a currently undeveloped commercially-zoned lot).  Ownership of each of these lots in turn brings with it a 1/63rd undivided interest in the "common area", which is the airport proper (the runway and taxiway environment).

bullet

Ownership of a lot also brings membership in a homeowner's association, the Rosamond Skypark Association.  The Association administers the operation of the airport itself, working through an elected five-member Board of Directors.  The Board is assisted by various committees.

bullet

As a Common Interest Subdivision, or "Planned Unit Development", the Skypark lots are covered by CC&Rs, which provide the legal framework allowing the Association to both operate the airport and exercise a certain level of control over the use of the properties.   We MOST STRONGLY suggest you familiarize yourself with the implications of this, and a good place to start is by downloading and reading THIS FILE from the Department of Real Estate.

BACK to the Skypark Home Page

Website last modified: 2/1/2012