Cocoplum Property Owners Association of Palm Beach, Inc.

Key facts from Cocoplum Property Owners Association of Palm Beach, Inc.'s documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Property Owners Association (Section 1.1(a) - Association defined as )

Assessments & dues

Board of Directors budgets and adopts assessments at least 30 days in advance, with written notice to Owners 20 days before first installment. Assessments may differ among Neighborhoods. (Sections 5.2, 5.7)

Special assessments

Allowed for deficits, repairs, etc. Capital improvements exceeding $50,000 or 10% of current operating budget require approval by 2/3 vote of Members. (Sections 5.4, 5.5)

Collections & liens

Unpaid assessments become a continuing lien on the Lot; Association may record claim of lien and foreclose. Personal obligation passes to successors. (Sections 5.1, 5.8, 5.9)

Reserves & fees

Portion of regular assessments for reserves may be invested in interest-bearing accounts or insured certificates. (Section 5.11)

Pets

Yes, but no commercial purpose; no nuisance; must be kept on leash when outside Unit or fully enclosed rear yard; Owner responsible for waste on Common Areas except designated areas. (Section 7.9)

Leasing & rentals

Yes, but only entire Lot/Unit may be rented. Lease must be in writing and subject to Association approval (not unreasonably withheld). Owner may be required to escrow up to $500. Owner jointly liable. (Section 8.2)

Architectural approval

Architectural Control Board shall act within 45 days after receipt of complete submission, otherwise deemed approved. (Section 7.11(c))

Signs & flags

Generally prohibited except: one professional sales sign, one name plate (1 sq ft), one for-sale/rent sign (8x8 inches, temporary, with specific placement rules). No signs on Common Areas. (Section 7.7)

Use restrictions

Nothing done or maintained that may be an annoyance or nuisance. Activity interfering with television/cable reception is deemed a nuisance. (Section 7.5)

Voting & meetings

Quorum required for a duly constituted meeting; definition not provided in this declaration (likely in By-Laws). (Section 3.3 - reference to "duly constit)

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