Fieldstone Village II

Key facts from Fieldstone Village II's documents

Reflects the 1994 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (p1, header; Section 3)

Developer / declarant

Fieldstone Development Corporation (p1)

Governing law

Florida Condominium Act (Chapter 718, Florida Statutes) (Section 2, Section 4.1)

Assessments & dues

Not fixed; Developer guaranteed quarterly assessments not exceed $500 (through Dec 31, 1995), $520 (through Dec 31, 1996), $540 (thereafter until turnover). (Section 10.12)

Special assessments

Permitted for unusual, non-recurring or unbudgeted common expenses. (Section 10 intro, Section 10.13)

Collections & liens

Association has lien on condominium parcel for unpaid assessments and attorney's fees; may foreclose. (Section 10.7, Section 10.9)

Reserves & fees

Up to $100 per applicant for approval of sale, lease, or other transfer. (Section 14.6)

Pets

Yes, with restrictions. (Section 12.6)

Leasing & rentals

Yes, with Association approval and restrictions. (Section 13)

Architectural approval

Yes, for structural modifications or alterations to unit or limited common elements; also for changes to exterior appearance. (Section 11.4)

Signs & flags

Only Developer may post "For Sale", "For Rent", "Open House" or similar signs. (Section 12.8)

Maintenance

Not explicitly stated; likely Association as part of common elements. (Section 11.1 (Association responsible fo)

Insurance

Association shall maintain property (all risk), flood, liability, automobile, workers compensation, fidelity bond. Also may obtain optional coverages. (Section 15.3, Section 15.4)

Use restrictions

Each unit shall be used and occupied as a residence for only one family and its guests. (Section 12.1)

Voting & meetings

Each unit collectively entitled to one vote; total 42 voting interests. (Section 4.22)

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