Castaway Cove Homeowners Association, Inc.

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

Community type

Covenant / Planned Community

Legal name

Castaway Cove Homeowners Association, Inc.

Developer / declarant

The Idlewild Corporation, Inc.

Governing law

Florida Statutes (implied by Florida corporation and lien foreclosure per Florida mortgage law) (Article IV.5 (lien foreclosure in manner)

Assessments & dues

$12 per Lot per year (payable in monthly installments) (Article IV.2: 'The initial annual regula)

Special assessments

May be levied for new construction, repair or replacement of capital improvement; must be approved by two-thirds vote of members; written notice at least 30 days in advance setting forth purpose (Article IV.4)

Collections & liens

Association has a lien against each Lot for unpaid assessments, charges, fines, penalties, plus interest, costs, and reasonable attorneys' fees; may be foreclosed in manner for mortgages in Florida (Article IV.5)

Pets

Dogs, cats and pet birds may be kept in reasonable numbers as pets, not for commercial use (Article II.3.a)

Leasing & rentals

Yes, subject to restrictions added by Second Amendment (Second Amendment, Section 1 (added Artic)

Parking & vehicles

Prohibited except within enclosed garage (Article II.3.d (boats on/off trailers, t)

Architectural approval

ARC must approve or disapprove within 30 days of receipt of all necessary information; if no action within 30 days, structure not subject to architectural control (Article V.1 and V.3 (30 days after recei)

Signs & flags

Not explicitly addressed; only general sign restriction (Article II.3.c)

Setbacks / home size

Minimum 600 square feet of living space (computed from interior wall lines, excluding patios and garages) (Article V.7 General Standards (i))

Insurance

Association may purchase casualty and liability insurance for Common Property and other insurance deemed necessary or reasonable (Article III.3)

Use restrictions

Each Lot shall be used and occupied only for single family residential purposes, except Declarant may use a Lot as sales/administration office while lots are being sold (Article II.1)

Voting & meetings

Two classes: Class A (owners except Declarant) – one vote per Lot; Class B (Declarant) – three votes per Lot; Class B terminates when Class A votes equal Class B votes or 5 years from date of Declaration, whichever first (Article III.4)

Amendments

By recorded instrument signed by owners of not less than two-thirds of Lots in existence; if Declarant is still an Owner of a Lot, no amendment effective without Declarant's written consent (Article VI.2)

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