Silver Lake Community Association, Inc.

Key facts from Silver Lake Community Association, Inc.'s documents

Community type

homeowners_association (Article II, Section 1)

Governing law

Florida Statutes (Preamble of Certificate of Amendment)

Assessments & dues

Board of Directors determines amount after adopting budget (Article XI, Sections 1 and 6)

Special assessments

Permitted for budget shortfalls, emergencies, capital improvements (Article XI, Section 2)

Collections & liens

Association has a lien against each homesite; may foreclose like a mortgage (Article XII, Sections 1 and 2)

Reserves & fees

Not required unless specified; special assessments may cover reserves if insufficient (Article XI, Section 2)

Pets

Yes, limited to common household pets (Article IV, Section 19)

Leasing & rentals

Yes, after initial 3-year owner occupancy (Section 12.22 (Fifth Amendment))

Parking & vehicles

Prohibited from parking outside garage overnight (Article IV, Section 16)

Fences

Require ACC approval; no wooden or chain link; not flush to ground; near water bodies: max 6 ft, open design beginning 8 ft from rear setback, max 52 in height; within drainage easement may be denied (Section 12.13 (Certificate of Amendment))

Architectural approval

Yes, for many exterior modifications (Sections 12.9, 12.13, 12.29, 12.34, 12.3)

Home business

Prohibited except real estate brokers showing homes and model homes by Declarant/builders (Article IV, Section 1)

Signs & flags

One portable, removable US or Florida flag in respectful way; additional flags on Armed Forces Day, etc. Not exceeding 4.5 x 6 ft, attached to home. (Section 12.34 (Certificate of Amendment))

Setbacks / home size

At least 1500 sq ft air-conditioned enclosed living area, exclusive of porches, terraces, garages (Article IV, Section 4)

Maintenance

Owner maintains own home, landscaping, and areas between homesite and street/water; Association maintains common areas (Article V, Sections 2 and 3; Article VI,)

Insurance

Association maintains public liability and property damage insurance on Common Areas (Article XI, Section 1)

Use restrictions

Single family residential only; no business or commercial (Article IV, Section 1)

Voting & meetings

Members vote; amendments require 67% of total votes after declarant control (Article XIII, Section 4)

Amendments

While Declarant owns property, may amend unilaterally for certain reasons; thereafter, 67% vote of members required (Article XIII, Section 4)

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