Valencia Lakes Owners Association

Key facts from Valencia Lakes Owners Association's documents

Community type

single-family residential (Article 4.1)

Legal name

Valencia Lakes Owners Association

Developer / declarant

Lakeside Woods Development, Inc. (Recitals)

Governing law

Florida not for profit corporation law (implied) (Association is Florida corporation not f)

Assessments & dues

Board adopts budget and levies Annual Assessment prior to Dec 15 each year (Article 7.2)

Special assessments

Permitted for budget shortfalls, emergencies, or insufficient reserves (Article 7.3)

Collections & liens

Yes; Assessment secured by lien; may be foreclosed like mortgage (Article 8)

Reserves & fees

Discretionary; Board may establish reasonable annual reserve for major repairs/replacements (Article 6.2.L)

Pets

Only household pets; no horses, cattle, swine, goats, poultry, etc. (Article 9.13)

Parking & vehicles

Vehicles only on concrete driveway or inside garage (Article 9.11)

Architectural approval

Yes, for all Construction Work (Article 4.3, Article 10)

Home business

Permitted if allowed by Sarasota County, no outdoor activity, no exterior sign, etc. (Article 9.1)

Signs & flags

Only approved signs: house numbers, one sale sign ≤4 sq ft, one construction sign ≤4 sq ft, others with approval (Article 9.12)

Setbacks / home size

Front: 20 ft, side: 6 ft, rear: 10 ft; exceptions for low structures (Article 9.8)

Use restrictions

Yes, except home occupations and sales activities (Article 9.1)

Voting & meetings

Each Owner has votes equal to Assessment Shares allocated to Lot (Article 2.3; Article 7.5.A)

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