Shoal Owners Association

Key facts from Shoal Owners Association's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (homeowners association) – Lots are fee simple with Common Areas owned by Association. (Section 2 (Common Areas definition: real)

Legal name

SHOAL OWNER’S ASSOCIATION, INC., a Florida not-for-profit corporation (Page 2 (joined by SHOAL OWNER’S ASSOCIAT)

Developer / declarant

BUTLER FLORIDA LLC, a Georgia limited liability company (Preamble)

Governing law

Florida Statutes Section 373.403 (referenced in SWMS definition) and Florida law generally (Section 2 (Definitions: Surface Water Ma)

Assessments & dues

Assessments are levied by the Association to cover Operating Expenses and Reserves, as determined by the Board. (Section 17.1 (Assessments defined); Sect)

Special assessments

Yes, Special Assessments are defined and may be levied; subject to vote or Board authority as per Section 17.2.2. (Section 2 (Special Assessments definitio)

Collections & liens

Assessments constitute a lien on the Lot; enforcement by Association includes foreclosure (implied by lien). Not detailed in extracted text. (Section 17 (Assessments – implied lien; )

Reserves & fees

Reserves defined (Section 17.2.4) and included in Operating Expenses except that Reserves are excluded from Operating Expenses (possibly separate). (Section 2 (Reserves definition); Section)

Leasing & rentals

Yes, lease rights are implicitly allowed; Description includes Lessee definition (Section 2) and suspension of Lessee's privileges for nonpayment (Section 9.13.6). (Section 2 (Lessee definition); Section 9)

Fences

Party Walls defined (Section 11.7). Fences installed by Declarant may be party walls; maintenance shared. (Section 11.7 (Party Walls definition; ma)

Architectural approval

Yes, Architectural Control Committee (ACC) established per Section 19.1. Approvals required for changes to Lots (including landscaping, sod, trees, etc.). (Section 2 (ACC definition); Section 11.2)

Signs & flags

Declarant may post signs for development and sales (Section 9.9.2(v)). Otherwise not explicitly restricted for Owners. (Section 9.9.2(v) (Declarant's signage ri)

Maintenance

Assumed to be owner's responsibility (part of Home maintenance). Not explicitly stated. (Section 11 (Owner maintains all improvem)

Insurance

Not detailed in this Declaration; Section 14 mentions Requirement to Maintain Insurance (not fully extracted). (Section 14 (Requirement to Maintain Insu)

Use restrictions

Yes, Lots are for residential dwelling use. (Section 3.1 mentions homes, villas, etc.) No commercial use indicated. (Section 3.1 (Plan: development into resi)

Voting & meetings

Class A members (Owners) – one vote per Lot owned. Class B member (Declarant) – total votes of Class A plus one vote; Class B ceases upon Community Completion Date. (Section 7.3.1, 7.3.1.1, 7.3.1.2)

Amendments

Prior to Turnover: Declarant may amend unilaterally (Section 4.3). After Turnover: requires Board majority and 51% of Voting Interests present at a meeting with quorum (Section 4.4). Also amendments for HUD/FHA etc. by Board (Section 4.5). (Sections 4.1, 4.3, 4.4, 4.5)

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