The Preserve of Hobe Sound Homeowners Association, Inc.

Key facts from The Preserve of Hobe Sound Homeowners Association, Inc.'s documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (HOA) for a planned community of single-family homes (Recitals and Article I definition)

Units / lots

Approximately 315 single-family homes (subject to change by Developer) (Article II, Section 1)

Governing law

Florida Statute 720.304(2) (2020) as amended (regarding flags) (Amendment to Article IV, Section 7)

Assessments & dues

Board prepares estimated annual budget reflecting Association Expenses, then allocates equal share to all Lots. Assessments payable quarterly in advance on Jan 1, Apr 1, Jul 1, Oct 1, or as Board determines. (Article IX, Sections 3(A), 3(B), 3(C))

Special assessments

Permitted for extraordinary expenses not covered by regular assessments or capital contributions (Article IX, Section 2(K)) (Article IX, Section 2(K))

Collections & liens

All assessments are a continuing lien on the Lot, enforceable by foreclosure in like manner as a mortgage. Association may also file action at law. (Article XI, Sections 1, 2(C), 2(D))

Reserves & fees

Association must establish adequate reserve fund for replacement and/or capital refurbishment of Common Areas. Funds are exclusive property of Association. (Article IX, Section 2(J))

Pets

Yes: dogs, cats, or other household pets may be kept, provided not for commercial purpose and not in numbers deemed unreasonable by Board. (Article IV, Section 6)

Leasing & rentals

Yes, subject to restrictions. (Article IV, Section 1 and Article XIV)

Fences

Fences require ACC approval. No fence on portion of Lot maintained by Association except as approved. Party fences between adjoining Lots are joint maintenance. Lot Perimeter Walls are maintained by adjacent Owner (superficial repairs) and (Article VI, Sections 3, 4; Article VIII,)

Architectural approval

Yes, Architectural Control Committee (ACC) appointed by Board must approve any clearing, grading, construction, improvements, change of exterior color, pressure cleaning, etc. (Article VIII, Sections 1, 2, 6(A))

Home business

Prohibited; homes shall not be used in any trade, business, professional or commercial capacity. Exception: Developer's construction activities and leasing. (Article IV, Section 5)

Signs & flags

Signs prohibited except flags allowed per Florida Statute 720.304(2). No other sign, symbol, name, address, notice, flag or advertisement without prior Board approval. (Article IV, Section 7 (as amended))

Maintenance

Association maintains roof, fascia, and soffit of each single-family home. Costs are common expense. (Article VI, Section 1)

Use restrictions

Lots shall be used solely for Single Family purposes. Leasing to a single family is permitted. (Article IV, Section 1)

Voting & meetings

Each Lot Owner entitled to one vote per Lot owned; Developer retains right to appoint majority of directors until Transfer Date (Article III, Sections 1 and 2)

Amenities

Common Areas include roads, grounds, landscaped areas, identification signage, recreation areas, entry guardhouse, and all common facilities. (Article VII)

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