Harvard Arms Homeowners Association Inc.

Key facts from Harvard Arms Homeowners Association Inc.'s documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

townhouse (Page 1: 'Harvard Arms Townhouses')

Legal name

Harvard Arms Homeowners Association, Inc.

Units / lots

At least 42 (reference to forty-second Townhouse in Article IV); exact number not given (Article IV: 'until the closing of the fo)

Management

Ameri-Tech Property Management, Inc.

Governing law

Florida Statutes §720.403 et seq. (Page 1: 'Pursuant to Florida Statutes §7)

Assessments & dues

Board of Directors determines annual assessments based on budget; readjustments may occur quarterly; initial year set by Developer as estimate. (Declaration Article V, Section 2 (budget)

Special assessments

Allowed for capital improvements upon Common Areas; requires assent of 51% of votes of lot owners voting at a special meeting called for that purpose. (Declaration Article V, Section 3)

Collections & liens

Assessments constitute a continuing lien on the lot/unit; Association may foreclose the lien or bring action at law against the owner personally. Personal obligation does not pass to successors in title unless expressly assumed, except that (Declaration Article V, Section 1 (lien) )

Reserves & fees

Required; annual budget must contain adequate reserves for roofing, paving, painting exterior maintenance based on estimated life and replacement costs; reserves not part of operating budget; 15% cap per annum; may be waived or adjusted by (1989 Amendment (Article V, Section 2))

Parking & vehicles

Prohibited; only in designated parking areas. (Article XIII (implied))

Signs & flags

Developer may erect signs (Article VII, Section 2.B). No provision for owner signs; likely prohibited via general restrictions. (Article VII, Section 2.B: 'Promotion, Di)

Use restrictions

Implied; subdivision established as 'residential community'; restrictions on use. (Article VII, Section 2.A: 'Use of the Pr)

Voting & meetings

One vote per lot/unit; Class B (Developer) votes until 75% of total votes in Class A or Jan 1, 1985; thereafter Class A only. Voting at meetings viva voce except election of officers; ballots without identifying marks. (Declaration Article III, Sections 8-9; B)

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