Laguna Veneto Condominium Association, Inc.

Key facts from Laguna Veneto Condominium Association, Inc.'s documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article I, Declaration of Condominium)

Units / lots

2 (Lots 9 and 10 owned by Developer) (Article 3.16 Developer owns Lot 9 and Lo)

Governing law

Chapter 718, Florida Statutes (Condominium Act) (Article I, purpose and submittal stateme)

Assessments & dues

Not fixed; Developer guarantees initial assessment ≤ $1,000/unit/month for first year (ending Dec 31 of year first unit conveyed), then optional guarantees up to $1,500/$2,000/$2,500 for subsequent years; excludes reserves. (Article 8.1)

Special assessments

Permitted for non-recurring or unbudgeted Common Expenses. (Article 8.1 'Special Assessments for non)

Collections & liens

Association has lien on each Unit for unpaid assessments, interest, costs, and attorney's fees. Lien perfected by recording Claim of Lien. Foreclosure action permitted. Rental may be required during foreclosure. (Articles 8.7, 8.8, 8.9, 8.10)

Reserves & fees

Waived for first two fiscal years by Developer; thereafter must be provided in budget unless members vote annually to waive. (Article 8.1 'requirement for reserves wi)

Pets

Yes (Article 6.6 'Unit Owners may keep and ma)

Leasing & rentals

Yes, leasing or renting of entire Unit is not prohibited. (Article 6.10 'Leasing or renting of a Un)

Parking & vehicles

Prohibited except service vehicles while actively serving a Unit or Common Elements. (Article 6.5.11 'No Owner … shall park … )

Architectural approval

Yes, Board approval required for any additions, alterations, improvements to exterior, Limited Common Elements, or Common Elements. (Article 7.4.1, 7.4.2)

Home business

Not explicitly prohibited, but use limited to single family residence; inferentially no commercial activity allowed. (Article 6.2)

Signs & flags

Prohibited without prior written consent of the Board; no signs or symbols in or on windows or doors. (Article 6.5.1 'place any signs or symbol)

Use restrictions

Yes, each Unit shall be used and occupied as a single family residence only. (Article 6.2 'Each of the Units shall be )

Voting & meetings

Each Unit has one vote (Article 9.10 ‘Owner(s) of each Unit shal)

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