Oakmonte Property Owners Association, Inc.

Key facts from Oakmonte Property Owners Association, Inc.'s documents

Reflects the 1998 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Mixed use: hotel, retail, office, multi-family residential; Property Owners Association (non-profit) (Master Declaration, Recitals: 'mixed use)

Units / lots

Not explicitly stated; property includes multiple blocks and lots. Plats: Oakmonte Park (Book 53 Pages 75-78), Replat of Block C (Book 62 Pages 7-8). Number of lots not provided. (Exhibit A)

Governing law

Chapter 720, Florida Statutes (Homeowners' Association Act); also referenced §720.3032 (Notice header: 'UNDER §720.3032, FLORIDA)

Assessments & dues

Board of Directors establishes annual assessments and special assessments. Assessments may be used for operating expenses, maintenance, taxes, insurance, reserves, etc. (Master Declaration, Article VIII, Sectio)

Special assessments

Permitted; no specific limit mentioned (Master Declaration, Article VIII, Sectio)

Collections & liens

Each assessment is a continuing lien on the Lot until paid; personal obligation of Owner. Association can enforce by foreclosure. (Master Declaration, Article VIII, Sectio)

Reserves & fees

Board may establish reserves for Common Expenses (Master Declaration, Article VIII, Sectio)

Pets

Not specifically addressed in this Master Declaration; may be covered by rules and regulations (Not in provided text)

Leasing & rentals

Not explicitly prohibited; Owner may lease under general rights. However, rental cap or restrictions not stated. (Not addressed in provided text)

Parking & vehicles

Parking regulated: no parking or standing on easements for ingress/egress; parking restrictions for vehicles and repair; storage and loading areas may be designated. (Master Declaration, Article VI, Section )

Fences

Not detailed; subject to Architectural Control (Article IX implicitly covers fences)

Architectural approval

Yes – Architectural Control by Approving Agent (initially Declarant, later Architectural Committee appointed by Board). Approval required for any construction, alteration, etc. (Master Declaration, Article IX, Section )

Home business

Not specifically addressed (Not found)

Signs & flags

Subject to Architectural Control; signs allowed as per Approving Agent. Association may install signage within sign easements. (Master Declaration, Article IX (Architec)

Maintenance

Not specifically allocated; apparently Owner responsibility unless designated as Common Property. (Not explicit)

Insurance

Board may obtain insurance for Common Property and Block Common Property including fire, extended coverage, liability, directors and officers liability, etc. Policy in name of Association as Trustee. (Master Declaration, Article VII)

Use restrictions

Prohibition on obnoxious or offensive activity (Master Declaration, Article XI, Section )

Voting & meetings

Two classes: Class A (all Owners except Declarant) – one vote per each one-tenth acre of land (excluding wetlands/retention); Class B (Declarant) – four votes per each one-tenth acre. Class B terminates when Class A votes equal Class B, or (Master Declaration, Article III, Section)

Amendments

Master Declaration amendments require consent of Declarant until declarant rights expire; thereafter by vote of Members (majority or supermajority not specified in extracted text). Amendment by Declarant is separately provided (Article XII) (Master Declaration, Article XII (Amendme)

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