Preston Estates Homeowners Association

Key facts from Preston Estates Homeowners Association's documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (HOA) – not condominium (Section 2 Definitions: Association means)

Governing law

Florida Statutes (reference to Chapter 712 and Section 373.403(1)-(5)) (Section 8.1 (Marketable Record Titles Ac)

Assessments & dues

By Association through budget; special assessments and individual assessments also exist. (Section 19.2 (Purpose of Assessments); S)

Special assessments

Special Assessments are defined (Section 19.2.2). (Section 19.2.2: Special Assessments.)

Collections & liens

Association has a lien and personal obligation for assessments (Section 19.14). Lien may be accelerated (Section 19.17). Subordination to mortgages (Section 19.15). (Section 19.14 Creation of Lien and Perso)

Reserves & fees

Reserves defined in Section 19.2.4 as part of Operating Costs. (Section 19.2.4: Operating Costs include )

Pets

Yes; Section 15.1 Animals addresses pets. (Section 15.1: Animals.)

Leasing & rentals

Yes; Section 15.22 Leases and Section 27.1.2 Lease. (Section 15.22: Leases; Section 27.1.2 Le)

Parking & vehicles

Not explicitly; but may be prohibited under prohibited vehicles. (Section 15.2.3: Prohibited Vehicles.)

Fences

Section 15.13 Fences and Walls; prior ACC approval required. (Section 15.13: Fences and Walls.)

Architectural approval

Yes; Architectural Control Committee (ACC) approval required for many exterior changes. (Section 21.1: Architectural Control Comm)

Home business

Not explicitly prohibited; Section 15.17 General Use Restrictions may apply. (Section 15.17 General Use Restrictions.)

Signs & flags

Section 15.31 Signs and Flags regulates. (Section 15.31: Signs and Flags.)

Maintenance

Party Roofs shared between Owners (Section 12). Association may maintain common roofs on common buildings if any. (Section 12: Party Roofs.)

Insurance

Association must maintain property insurance on Common Areas (Section 17.1), including flood insurance (17.1.1), liability (17.1.2). (Section 17.1 Association insurance.)

Use restrictions

Homes are for residential use (Section 15.38 Use of Homes). (Section 15.38: Use of Homes.)

Voting & meetings

Voting interests are governed by Articles and By-Laws (Section 8.5). (Section 8.5: Voting interests in Associa)

Amendments

Prior to Turnover Date: Developer may amend unilaterally with consent of Lennar and Rental Operator (Section 5.3). After Turnover Date: Requires 66 2/3% Board approval and 75% of votes present at a quorate meeting (Section 5.4). Certain par (Section 5: Amendment; Sections 5.1, 5.3,)

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