The Plantation at Ponte Vedra, Inc.

Key facts from The Plantation at Ponte Vedra, Inc.'s documents

Reflects the 2010 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Florida not-for-profit corporation) (Opening paragraph: The Plantation at Pon)

Units / lots

Maximum 564 Parcels (Article II, Section 2)

Governing law

Chapters 617 and 720 of the Florida Statutes (Article VI, Section 1)

Assessments & dues

Set by Board of Directors by majority vote; included in Annual General Assessment based on Annual Operating Budget and Annual Capital Budget (Article VII, Section 2(b))

Special assessments

Yes, for capital improvements, requires approval of 66 2/3% of Owners Entitled to Vote present at quorum meeting; payable over lesser of useful life or 96 months (Article VII, Section 3)

Collections & liens

All Charges are a lien on the Parcel; Association may foreclose or sue personally; lien subordinate to recorded mortgages; power of sale granted (Article VII, Sections 1, 7)

Reserves & fees

Two reserves: Reserve for Operating Contingencies (3% of Gross Operating Revenue) and Reserve for Repair and Replacement of Capital Assets; funded by Capital Contributions, interest, Initiation Fees, etc.; annual Reserve Study covering 20 y (Article VII, Section 9(c))

Fences

Fences subject to ADB approval; no fence adjacent to Golf Course that obstructs play or ball retrieval (Article IX, Section 1(a) and Article VII)

Use restrictions

Implied (residential dwellings); specific restrictions on use not fully enumerated in excerpt (Article IX, Section 1 – protective coven)

Voting & meetings

One vote per Parcel; Owner must be 'Entitled to Vote' (in good standing, not >90 days delinquent, not subject to unresolved enforcement) (Article I, Section (w) and Article III, )

Amenities

Golf course, Plantation House, Beach House, swimming pool, tennis courts, playgrounds, parking areas, cart paths, walkways, street lighting, guardhouse, gatehouse, lakes, ponds, etc. (Article I, Section (k) Association Real )

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