Sterling Greens I

Key facts from Sterling Greens I's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Section 1 and throughout)

Governing law

Chapter 718, Florida Statutes (Florida Condominium Act) (Section 2)

Assessments & dues

Not fixed; Developer guaranteed maximum: $600/quarter until 12/31/2004, $690/quarter until 12/31/2005, $793.50/quarter until turnover (Section 10.12)

Special assessments

Allowed for unusual, non-recurring unbudgeted common expenses (Section 10)

Collections & liens

A lien on each condominium parcel for past due assessments, including interest, attorney fees, costs; perfected by recording Claim of Lien; foreclosure action allowed (Sections 10.8-10.10)

Reserves & fees

Mentioned as purpose of assessment (for funding reserve accounts) (Section 10.1)

Pets

Yes, but limited (Section 12.3)

Leasing & rentals

Yes, with approval and restrictions (Section 13)

Parking & vehicles

Prohibited, except service vehicles temporarily present (Section 12.6)

Architectural approval

Yes, ARC (Architectural Review Committee) approval required for material alterations, additions, changes in exterior appearance (Sections 4.1, 11.5)

Home business

Prohibited, but incidental personal business allowed (e.g., telephone calls, correspondence) (Section 12.1)

Signs & flags

Prohibited, except signs used by Declarant and signs required by law (Section 12.5)

Maintenance

Owner maintains unit interior, windows, doors, A/C equipment, etc. (Section 11.2); Association maintains common elements, exterior, structural, and utility infrastructure (Section 11.1) (Sections 11.1, 11.2)

Insurance

Reasonable deductibles; paid by party liable for loss if no insurance (Section 15.7(D))

Use restrictions

Yes, each unit shall be occupied by only one family as a residence and for no other purpose (Section 12.1)

Voting & meetings

Each unit has one indivisible vote (Section 4.22)

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