Bear Stone

Key facts from Bear Stone's documents

Community type

Single family detached homes (Article III Section 1)

Units / lots

Not explicitly stated; single family lots

Developer / declarant

M/I SCHOTTENSTEIN HOMES, INC. (Preamble)

Governing law

Chapter 617, Florida Statutes (Article I Section 4)

Assessments & dues

Initially not more than $500.00 per Lot per year, not including Master Association fees or fire protection (Article V Section 5(a))

Special assessments

Allowed for capital improvements; requires approval of 75% of members present and voting (Article V Section 3)

Collections & liens

Assessments are a continuing lien on the lot, subject to first mortgages; foreclosure allowed (Article V Section 8)

Reserves & fees

Not explicitly required; annual assessment includes reserves for Common Area (Article V Section 2)

Pets

Yes, limited to 2 dogs, 2 cats, 4 birds per lot; not for commercial purpose; conditional license (Article III Section 16)

Leasing & rentals

Not explicitly prohibited; however no renting of rooms or transient accommodations; entire lot rental may be allowed (Article III Section 1 prohibits renting )

Parking & vehicles

Not permitted on Common Areas including streets except in designated areas (Article III Section 7)

Fences

Fences allowed per Architectural Committee guidelines; on lots abutting Tract G must be black painted aluminum, max 5 ft height (Article III Section 23)

Architectural approval

Yes, Architectural Committee approval required for any structure, fence, etc. (Article VI (not fully quoted but referen)

Home business

Prohibited (no trade, business, or profession of any kind) (Article III Section 1)

Signs & flags

Restricted; only professional sign (1 sq ft max) and real estate sign (4 sq ft max); no other signs; Developer signs exempt (Article III Section 13)

Setbacks / home size

Front, side, rear yard setbacks per Seminole County Zoning Regulations; no variances without Architectural Committee approval (Article III Section 6)

Maintenance

Owner must maintain roof (Article III Section 19)

Insurance

Association shall maintain public liability and property insurance on Common Area (Article IV Section 3(e))

Use restrictions

Lots for single family residential use only; no trade or business (Article III Section 1)

Voting & meetings

Class A (owners) one vote per lot; Class B (Developer) three votes per lot (Article IV Section 2)

Amendments

By-Laws may be amended by 2/3 vote of membership; FHA/VA veto while Class B exists (By-Laws Article XIII Section 1)

Amenities

Common Area includes Tracts G,H,I,P,R,S,T,U (stormwater ponds, etc.) (Article I Section 6)

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