Matanzas Cove Homeowners Association, Inc.

Key facts from Matanzas Cove Homeowners Association, Inc.'s documents

Community type

Single-family residential community restricted to housing for persons 55 years of age or older (Recital C; Article VIII, Section 2)

Legal name

Matanzas Cove Homeowners Association, Inc.

Developer / declarant

Matanzas Cove, LLC, a Florida limited liability company, 185 Cypress Point Parkway, Palm Coast, Florida 32164 ([[PAGE 1]] preamble)

Governing law

Fair Housing Act, 42 U.S.C. § 3607, and 24 C.F.R. §§ 100.305, 100.306, 100.307 (Article VIII, Section 2)

Age restriction

At least 80% of Residences must be occupied by at least one person 55 years or older; Association must enforce, commence enforcement within 30 days of discovery, and maintain a register of names and ages of owners and tenants (Article VIII, Section 2.b, 2.f)

Assessments & dues

Not fixed; set annually based on the adopted estimated operating budget (less surplus or plus deficit) divided by the total number of Lots reasonably expected to pay assessments (Article VII, Section 3.a)

Special assessments

May be levied in any assessment year for capital improvements on the Common Area; requires affirmative vote or written consent of Owners holding at least two-thirds of votes present at a duly called meeting (Article VII, Section 4; Article I, Secti)

Collections & liens

All assessments plus late fees, interest, costs and reasonable attorneys' fees are a continuing lien on the Lot and personal obligation of the Owner; Association may foreclose the lien or sue personally; lien is subordinate to a first mortg (Article VII, Sections 1, 10, 12)

Reserves & fees

Annual budget may include reasonable reserves for periodic maintenance, repair and replacement of Common Area improvements (Article VII, Section 3.a)

Pets

Only household pets (dogs, cats, domestic birds and fish) allowed; not for commercial purpose; Board may adopt or modify pet rules (Article VIII, Section 14)

Leasing & rentals

Leases are allowed but no lease agreement is valid until approved in writing by the Association (Article VIII, Section 2.g)

Parking & vehicles

Trucks/commercial vehicles, mobile homes, motor homes, house trailers, utility trailers, campers, boats, boat trailers, recreational vehicles, horse trailers, buses, unregistered passenger vehicles and non-passenger vans may not be parked o (Article VIII, Section 19)

Architectural approval

Architectural Review Committee written approval is required for flagpoles, outside lighting, walls/fences, signs/banners, decorative objects, oil/gas tanks, awnings/canopies/shutters, window reflective tinting, basketball courts/standards, (Article VIII, Sections 4, 5, 6, 15, 17, )

Maintenance

Association maintains Common Area, Community Walls and Stormwater Management System; mows/fertilizes/treats lawns; Owner maintains trees/shrubs/hedges/irrigation, Lot and Residence condition, and Lakefront Lot to water's edge (Article V, Sections 2.a, 2.b, 2.i; Artic)

Voting & meetings

Class A Members (all Owners other than Declarant) get one vote per Lot, exercised by a majority of co-owners but no more than one vote per Lot; Class B Member (Declarant) gets four votes per Lot (Article III, Section 1)

Amendments

Declaration may be amended upon affirmative vote or written consent of Owners holding not less than two-thirds of the votes (text truncated); Conservation Easement Area restrictions may not be amended without prior approval from SJRWMD (Article XII, Section 1; Article VIII, Se)

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