Layonne Village

Key facts from Layonne Village's documents

Community type

zero lot line development (WHEREAS, Developer desires to create on )

Legal name

Layonne Village

Units / lots

6 (initial); potential additions up to 23 lots (Subject Property: Lots 5,6,7,8,9,10; Add)

Developer / declarant

Indian Enterprises, Inc. (made and entered into on this ... day of)

Governing law

Chapter 617 of the Florida Statutes (forming a corporation not for profit und)

Assessments & dues

$500 per Lot per year initially (Article VII, Section 7)

Special assessments

Allowed with assent of majority of votes at meeting on 30 days notice (Article VII, Section 9)

Collections & liens

Assessment constitutes a lien on the Lot; foreclosable like mortgage; personal obligation also (Article VII, Sections 1 and 3)

Reserves & fees

Interest at highest rate allowed by law after 10 days grace (Article VII, Section 2)

Fences

Fencing on Side Yard Easement allowed with ARB approval, must include gate to allow Servient Tenement access (Article IV, Section 3(f))

Maintenance

Owner responsible for roofing components of Living Unit (Article VII, Section 5)

Use restrictions

All Living Units shall be utilized for residential purposes only (By-Laws Article IX, Section 3)

Amendments

Before Turnover: Developer sole right. After Turnover: 75% of Lots approval, or 100% of Board with certification of owner meeting. Amendment may be proposed by Developer, Association, or 15% of Owners. (Article XI)

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