Laurel Springs Homeowners Etc

Key facts from Laurel Springs Homeowners Etc's documents

Community type

homeowners association (WHEREAS clauses and Article I definition)

Legal name

Laurel Springs

Developer / declarant

Laurel Homes, Inc., a Florida corporation (Article I, Section 7)

Assessments & dues

$1,000.00 per Lot (maximum initial) (Article IV, Section 3)

Special assessments

Allowed for capital improvements with 2/3 vote of each class (Article IV, Section 4)

Collections & liens

Assessments are a continuing lien; Association may foreclose (Article IV, Sections 1 and 8)

Parking & vehicles

Overnight parking/storage of RVs, motor homes, campers, boats, trailers, trucks over 1 ton not allowed unless enclosed in garage or screened (Article VII (j))

Architectural approval

30 days after receipt of complete plans; if no action, approval deemed waived if no suit filed before completion (Article V, Section 3)

Signs & flags

One sign not over 4 sq ft advertising sale/rent; builder signs allowed (Article VII (g))

Setbacks / home size

As required by applicable law (Article VII (c))

Insurance

Public liability insurance: $1,000,000 per occurrence for personal injury/property damage in Common Area; additional $5,000,000 for Lake Maintenance Easement and Tract A (Article VI, Section 1)

Voting & meetings

Two classes: Class A (owners, 1 vote per lot); Class B (Declarant, 3 votes per lot owned) (Article III, Section 2)

Amendments

First 20 years: 80% of Lot Owners; thereafter 66%; must be recorded; changes to stormwater system need SJRWMD approval (Article IX, Section 3)

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