Sierra Meadows

Key facts from Sierra Meadows's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Property Owners' Association (not condominium) (Section 3.1)

Legal name

Sierra Meadows Property Owner's Association, Inc. (Section 2.6)

Developer / declarant

Alanda, Ltd., a Florida limited partnership (primary); also Greg W. Eagle, Wallace R. Devlin, Sr., Colonial Bank (Preamble)

Governing law

Florida Statutes, not Chapter 718 (Section 3.1)

Special assessments

Board may levy Special Assessments without Member vote for various reasons (operating shortfalls, insurance, capital improvements, etc.) (Section 8.5)

Collections & liens

Unpaid Assessments plus interest (max 18% per annum), late charges, costs, and attorney's fees become a lien on the Parcel, enforceable by foreclosure (Section 8.7, 8.8)

Reserves & fees

Board may but is not obligated to prepare a reserve budget (Section 8.9)

Use restrictions

Uses must conform to Development Approvals and zoning; prohibited uses include cinema, bar (except as ancillary to restaurant), adult entertainment, funeral parlor, kennels, etc.; no hazardous waste storage (Section 11.1, 11.2)

Amendments

By affirmative vote or written consent of 2/3 of Members, plus Declarant consent while Declarant owns any Parcel; must be recorded (Section 15.2)

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