St George's Island Homeowners Et

Key facts from St George's Island Homeowners Et's documents

Community type

HOAsdSub-Association (Article I Section 4 (Association definit)

Developer / declarant

Oak Harbor Villas Community, Inc., a Florida corporation (Preamble)

Assessments & dues

Annual Assessment levied by Board; each Lot pays equal share (except Declarant lots may be exempt); based on budget divided by number of Lots conveyed to Owners (other than Declarant) (Article VII Sections 2 and 4)

Special assessments

Allowed for capital improvements, unexpected repairs, etc.; levied by Board without Member assent (Article VII Section 5)

Collections & liens

Yes; unpaid assessments become a continuing lien on the Lot; Association may foreclose the lien; personal obligation also passes to successors (Article VII Sections 1 and 12)

Reserves & fees

Permitted; Board may create reasonable reserves from Annual Assessments; capital reserve account for initial contribution may be invested (Article VII Sections 2 and 7)

Setbacks / home size

Subject to recorded plats and architectural controls; not specifically stated (Article III, Article X)

Maintenance

Not explicitly stated; Owner responsible for improvements on their Lot (including roof) unless otherwise assumed by Association (Article V Section 2)

Insurance

Association shall insure Common Properties for full insurable replacement value against fire and other hazards; also flood insurance (if in flood zone); comprehensive general liability insurance minimum $5,000,000 per occurrence; fidelity b (Article VI Sections 1,2,3,5)

Use restrictions

Prohibited; Association has right to abate nuisance on a Lot (Article IV Section 12, Article V Section)

Voting & meetings

Each Owner is a Member; specific voting rights described in Article XIII (not fully excerpted) (Article I Section 22-23; Article XIII he)

Amendments

Declarant may execute and record Supplemental Declarations or Amendments without consent of other Owners or mortgagees to add/remove property, correct errors, impose further restrictions; also amendment procedures in Article XVIII (not full (Recitals G, Article I Section 29, Articl)

Amenities

Club (Oak Harbor Club) mentioned; also Common Areas include recreational facilities; not detailed (Article I Section 6, Article XI)

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