Flagler Village Residential Community Association

Key facts from Flagler Village Residential Community Association's documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (nonprofit corporation) (Preamble and Section 1.7)

Developer / declarant

Meritage Homes of Florida, Inc. (Declaration opening paragraph)

Governing law

Chapters 617 and 720, Florida Statutes (Preamble (WHEREAS) and Article III, Sect)

Assessments & dues

$1,860.00 per Lot initially (until January 1 after first lot sold) (Section 4.3(G))

Special assessments

Requires simple majority vote of members present in person or by proxy at a quorum meeting (Section 4.4)

Collections & liens

Yes. Assessments are a continuing lien. Association may record Notice of Lien and foreclose after 45-day demand notice. Lien is subordinate to first mortgage except as provided. Foreclosure sale extinguishes lien but not personal obligation (Sections 4.1, 4.9, 4.10)

Reserves & fees

Board may establish and maintain reserve fund. Also, first purchaser pays 1/6 of annual assessment into reserve account. Reserves for replacement may be created by majority vote of members. (Sections 4.12, 4.14, 4.15)

Home business

Prohibited. No gainful occupation, profession, trade or other commercial activity on any Lot. (Section 5.2)

Use restrictions

Yes. Lots shall be improved and used only for Single Family Residential Use. (Section 5.2)

Voting & meetings

Two classes: Class A (1 vote per Lot), Class B (Declarant and Designated Builder, 9 votes per Lot). Class B terminates upon earlier of: 3 months after 90% lots conveyed, Declarant relinquishment, or earlier by law/Declarant discretion. (Section 3.11)

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