Paradise Retreat at Miramar Beach Homeowners Association, Inc.

Key facts from Paradise Retreat at Miramar Beach Homeowners Association, Inc.'s documents

Community type

Homeowners Association (Title: 'HOMEOWNERS ASSOCIATION, INC.')

Legal name

Paradise Retreat at Miramar Beach Homeowners Association, Inc.

Assessments & dues

Board fixes amount of annual assessment at least 30 days in advance of each annual assessment period (Article VII Section 2(c)(1))

Collections & liens

Board may file lien certificate in public records; may foreclose lien or bring action at law; all interest, costs, and reasonable attorney's fees added to assessment and included in lien (Article X)

Reserves & fees

10% of assessment amount if not paid within 30 days after due date (Article X)

Architectural approval

Yes, architectural control committee appointed as provided in Declaration; rules in Declaration (Article XIII; Article VI Section 5)

Maintenance

Board duty to cause common area to be maintained (Article VII Section 2(f))

Insurance

Board shall procure casualty and liability insurance (Article VII Section 2(e))

Voting & meetings

Members entitled to vote as provided in Declaration; simple majority of votes present in person or proxy for actions; cumulative voting not permitted (Article III Section 7; Article V Section)

Amendments

Bylaws may be amended by majority vote of members at a regular or special meeting with quorum present; FHA and VA have veto while Class B membership exists; no amendment affecting Declarant's rights before owner control without Declarant's (Article XII Sections 1 and 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.