Verano Community Association

Key facts from Verano Community Association's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (not condominium) (References to 'Association', 'Common Are)

Developer / declarant

LENNAR HOMES, LLC, a Florida limited liability company (First paragraph: 'by LENNAR HOMES, LLC, )

Governing law

Florida Statutes (Chapters 720 and 712 referenced, as well as Section 720.307) (Section 7.1: 'in accordance with Florida)

Assessments & dues

Board determines Operating Expenses; specific method not detailed in excerpt (Definition of 'Operating Expenses' – 'al)

Special assessments

Allowed (defined as 'Special Assessments' in Section 17.2.2) (Section 2: '“Special Assessments” shall )

Reserves & fees

Reserves defined (Section 17.2.4) but excluded from Operating Expenses; no mandatory funding requirement stated (Section 2: '“Reserves” shall have the me)

Leasing & rentals

Yes, with no restrictions on number of leased Homes, no requirement for owner occupancy, and no minimum ownership period before renting (Section 3.4: 'there are no restrictions )

Fences

Lot Wall/Fence defined but no specific design or height restrictions in excerpt (Section 2: '“Lot Wall/Fence” shall mean )

Architectural approval

Yes – Architectural Control Committee (ACC) established (Section 2: '“ACC” shall mean the Archite)

Use restrictions

Implied by definition of 'Home' as a residential dwelling; specific use restrictions in Section 14 not excerpted (Section 2: '“Home” shall mean a resident)

Voting & meetings

Two classes: Class A (1 vote per Lot for Owners after Turnover) and Class B (Declarant gets 9 votes per Lot owned prior to Turnover, then 1 vote per Lot after Turnover) (Section 7.3: 'Class A members shall init)

Amendments

Prior to Turnover: Declarant may amend unilaterally (with exceptions). After Turnover: requires majority of Board and 51% of Voting Interests present at meeting with 30% quorum. Lenders' and Declarant's consent required for certain amendmen (Sections 4.1, 4.3, 4.4: 'Prior to the Tu)

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