Miramar Links at Lakewood Ranch

Key facts from Miramar Links at Lakewood Ranch's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium – Residential (Section 3(J) and Section 1)

Governing law

Chapter 718, Florida Statutes (Condominium Act) (Section 1 and Section 3(L))

Assessments & dues

Developer guaranteed maximums: $753/quarter (Jan 1, 2005 to Dec 31, 2005); optional $828/quarter (2006); optional $910/quarter (2007). Actual assessment set by Association budget. (Section 11.12)

Special assessments

Permitted for unusual, non-recurring or unbudgeted Common Expenses (Section 11)

Collections & liens

Association has lien on each Condominium Parcel for unpaid assessments, including interest and attorney's fees; may foreclose in manner provided in Condominium Act (Section 11.8, 11.9, 11.10)

Reserves & fees

Common Expenses include reasonable reserves for replacement of property (Section 3(H))

Pets

Yes (Section 13.8)

Leasing & rentals

Yes, with prior Association approval (Section 14.1, 14.2)

Parking & vehicles

Prohibited (Section 13.7 ('There shall be no parking)

Architectural approval

Yes, Board written approval required for material alterations, additions, change of exterior appearance; alteration of Common Elements landscaping also requires Board approval (Section 12.5)

Home business

Limited professional/business activities incidental to residential use allowed if confined within Unit, comply with county ordinances, not visible/noisy/smelly, no traffic increase, no insurance risk (Section 13.1(B))

Signs & flags

One portable, removable United States flag in respectful way; service flags as required by law (Section 13.6)

Maintenance

Association – exterior surfaces of roofs (Section 12.1(H))

Insurance

Association obtains fire and extended coverage on all insurable improvements (Units, Common Elements, Association Property, personal property) for full replacement value; subject to availability and minimum per Section 718.111(11), Fla. Sta (Section 16(B)(1))

Use restrictions

Each Unit restricted to Single Family Residential use (Section 13.1)

Voting & meetings

Each Unit Owner has membership and voting rights in the Association (Section 5(C)(4))

Amendments

Requires 2/3 of voting interests present in person or by proxy at meeting with 14 days notice; Developer can amend without member approval until turnover, but cannot alter certain provisions. Mortgagee consent required if amendment affects (Section 15)

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