Kings Lake Condominium Association, Inc.

Key facts from Kings Lake Condominium Association, Inc.'s documents

Community type

Homeowners Association (Kings Lake Homeowners Association, Inc.) (Section 1.5)

Units / lots

1,173 (Section 1.17 and Section 3.3)

Governing law

Chapters 617 and 720, Florida Statutes (Section 2.9)

Age restriction

Not present; document includes definition of 'Family' and 'Domestic Partners' but no age restriction

Assessments & dues

Based on annual budget adopted by Association; each unit owner pays 1/1,173 share of annual and special assessments (Sections 3.1(A), 3.3)

Special assessments

Permitted for capital improvements or other expenditures not provided by annual assessments; share same as annual (Section 3.1(B), Section 3.3)

Collections & liens

Association has lien on each parcel for unpaid assessments and charges; may foreclose by procedures in Section 720.3085, Fla. Stat.; lien subordinate to first mortgage to extent required by law; superior to other mortgages (Sections 3.5, 3.6, 3.8)

Reserves & fees

Common expenses include funds for reserve accounts for renovation, major repairs, and emergency repairs (Section 3.2(A), (B))

Pets

Yes, dogs and cats and other common household pets permitted, provided not for commercial purpose (Section 7.6)

Leasing & rentals

Yes, leasing is allowed, but subject to restrictions and approval (see Section 7.4 and Section 10; however Section 10 is not fully in text provided. But from context, leasing is permitted with approval, minimum occupancy rules for guests ov (Sections 7.4, 7.2, 7.3)

Parking & vehicles

Parking along roadways and streets is prohibited except for temporary parking and/or overnight parking for an owner's guests (Section 7.13)

Architectural approval

Yes, all improvements altering exterior appearance require ARC approval in writing before work begins (Section 6.1)

Home business

Permitted if only records, phone calls, computer communication, virtual meetings, written correspondence, and no customers/clients/employees on property, no excessive deliveries, no signage, no storage of equipment/products/materials (Section 7.1)

Setbacks / home size

Not explicitly stated in provided text except reference to buffers - no improvements within Buffer area without ARC and governmental consent (Section 7.22)

Maintenance

Owner responsible for maintenance, repair or replacement of roof (Section 5.1(A))

Use restrictions

Each Residence shall be used as a home and for no other purpose; no business or commercial activity conducted in or from any Residence (Section 7.1)

Voting & meetings

Members shall have voting rights as provided in the Bylaws; multiple owners exercise vote as provided in Bylaws (Sections 2.3, 2.4)

Amendments

Not explicitly stated in provided text except that declaration may be amended from time to time (implied); specific procedures not given

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