Cascades at Sarasota Residents Association Inc

Key facts from Cascades at Sarasota Residents Association Inc's documents

Reflects the 2014 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

hoa (Community referred to as 'Residents’ Ass)

Units / lots

At least 453 (used as example of eligible members in amendment procedure) (Article XI Section 7)

Developer / declarant

Levitt and Sons of Manatee County LLC, a Florida limited liability company (Article I Definition (i))

Governing law

Florida Statute Section 720.3085 (Homeowners' Association Act) referenced in Article V Section 10 regarding defense of legal action. (Article V Section 10)

Assessments & dues

Board adopts annual budget; General Assessments equal per Lot; amount may be changed at any time by Board. (Article V Sections 3, 4)

Special assessments

May be levied by majority vote of Board for certain costs; capital improvements require 75% vote of Members. (Article V Section 5)

Collections & liens

Unpaid assessments become a continuing lien on the Lot; Association may foreclose like a mortgage; lien subordinate to first mortgages of Institutional Lenders. (Article V Sections 8, 9)

Reserves & fees

Board annually prepares a reserve line-item for capital expenditures and deferred maintenance; collects reserves from all Owners unless waived per Florida law. (Article III Section 5)

Pets

Yes, dogs, cats, or other usual and common household pets, maximum two total per lot; kept as a conditional license subject to termination by Board. (Article VIII Section 9)

Leasing & rentals

Yes, subject to restrictions. (Article VIII Section 27)

Parking & vehicles

Campers, motor homes, boats, house trailers, boat trailers, and trailers of every description prohibited from parking/storage on Lot except in garage or during approved construction. (Article VIII Section 19)

Architectural approval

Before any exterior alterations or improvements to home or lot, ARC approval must be obtained. (Article VI Section 1)

Home business

Permitted if not apparent by sight/smell/sound, complies with laws, involves no solicitation, no nuisance, and otherwise consistent with governing documents. (Article VIII Section 2(a))

Signs & flags

One sign of not more than one square foot for resident name/house number allowed; other signs prohibited without ARC consent except as required by legal proceedings. (Article VIII Section 7)

Insurance

Board determines maximum deductible; for flood insurance, max deductible is lesser of $5,000 or 1% of policy face. (Article IX Section 2.D)

Use restrictions

Lots limited to residential purposes, except home businesses meeting specific conditions (no external visibility, no solicitation, etc.). Leasing is not considered a business. (Article VIII Section 2(a))

Voting & meetings

One vote per Lot owned; if multiple owners, they determine how vote is cast but only one vote per Lot. (Article III Section 2)

Amendments

Requires majority of all eligible Members to amend (e.g., 227 votes if 453 members). Age restriction (Art VIII §10) cannot be amended for 30 years from original recording (July 23, 2003). (Article XI Section 7)

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