Emerald Lakes Townhomes Homeowners Association, Inc.

Key facts from Emerald Lakes Townhomes Homeowners Association, Inc.'s documents

Reflects the 1990 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Emerald Lakes Villas Homeowners Association, Inc.

Developer / declarant

Stuart South Builders, Inc.

Governing law

Florida Not-for-Profit Corporation Act (Chapter 617, Part I (1983)) (Article 3.1)

Assessments & dues

Determined annually by Board based on estimated Common Expenses; all Parcels assessed at uniform rate. (Section 6.3)

Special assessments

Allowed for capital improvements, construction, reconstruction, unexpected repairs, replacement, indemnification of officers/directors. If >$500 per Parcel, requires 51% membership approval. Emergency special assessments allowed without mem (Sections 6.4, 6.5)

Collections & liens

Unpaid assessment plus interest and costs becomes a continuing lien on the Parcel; Association may record claim of lien and foreclose like a mortgage. Lien priority relates back to recording of Declaration. Also personal obligation of Owner (Section 6.7)

Reserves & fees

'creation of reasonable reserves' is a permitted use of general assessments. (Section 6.2)

Pets

Dogs, cats, tropical fish, birds permitted. (Section 8.1.2)

Parking & vehicles

Guests may park on Street, but no overnight parking on any Street. (Section 8.1.3.1)

Use restrictions

All Parcels used only as single-family private residential dwellings. (Section 8.1.1)

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