Carolina Trace Townhomes Homeowners Association, Inc.

Key facts from Carolina Trace Townhomes Homeowners Association, Inc.'s documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Carolina Trace Townhomes Homeowners Association, Inc.) (Article 1.4; Title)

Governing law

Florida Statutes Chapter 617 (2003) Florida Not for Profit Corporation Act; Chapter 720 (fines and declarant control) (Article 3.1; Article 6.7; Article 3.6)

Assessments & dues

Determined annually by Board based on budget; not specified in document (Article 6.3)

Special assessments

Allowed for acquisition, construction, reconstruction, unexpected repair/replacement of Common Property improvements and Dwelling exteriors/roofs; levied equally against all Lots; also Emergency Special Assessments for danger. (Article 6.4; Article 6.5)

Collections & liens

Unpaid Assessment or fine is a continuing lien on the Lot; Association may record claim of lien and foreclose like a mortgage; costs and attorneys fees included; lien subordinate to Institutional Mortgagee recorded prior to claim of lien. (Article 6.8; Article 6.10)

Reserves & fees

Creation of reasonable reserves is a Common Expense (part of General Assessments). (Article 6.2)

Pets

Yes, only dogs and cats less than 50 pounds, and ornamental fish. (Article 8.1.3)

Parking & vehicles

Allowed only with written permission of the Association. (Article 8.1.4.2)

Fences

Not explicitly, but fences are Improvements subject to ARC approval. (Article 1.14 (Improvements include fence)

Architectural approval

Yes, no Improvement shall be constructed, erected, removed, planted or maintained, nor any addition/change/replacement made until plans approved in writing by Architectural Review Board (A.R.B.). (Article 9.1.2)

Home business

Prohibited. No business, trade, commerce, profession, or occupation conducted on any Lot or in any Dwelling. (Article 8.1.2)

Signs & flags

Except for Developer's sales/development signs, no signs, advertisements or notices of any kind displayed to public view on any Lot, Common Property or Recreation Facilities. (Article 8.1.9)

Maintenance

Owner responsible for roof and structure (exterior portions); Association not responsible per Article 7.2, but Article 6.2 and 6.4 mention roofs as part of Common Expenses and Special Assessments (likely association may fund roof repair thr (Article 7.1: "Owner of each Dwelling sha)

Use restrictions

Lots shall be used only for single family, private, residential Dwellings. No business or commercial building, except Recreation Facilities. (Article 8.1.1; Article 8.1.2)

Voting & meetings

One vote per Lot; owner of multiple Lots gets one vote per Lot; if multiple owners of a single Lot, only one vote; Developer may designate voting rights for additional property. (Article 3.3)

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