Palo Verde

Key facts from Palo Verde's documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Palo Verde Homeowners Association, Inc.) (Certificate of Amendment, OR:4336 PG:237)

Governing law

Florida Statutes Chapter 720 (particularly 720.303, 720.306, 720.311) (OR:4336 PG:2378 (Florida Statute 720.303)

Assessments & dues

Not fixed in documents; set by Board (Article IV, Section 4.7 (OR:4336 PG:2387)

Special assessments

Association may levy special assessment in any year for reconstruction, unexpected repair, replacements of capital improvements as approved by Board (Article IV, Section 4.4 (OR:4336 PG:2387)

Collections & liens

Association may record lien and foreclose like a mortgage; lien subordinate to first mortgage of institutional mortgagee if recorded prior (Article IV, Sections 4.8, 4.10 (OR:4336 )

Reserves & fees

Establishment of reserve accounts for capital expenditures and deferred maintenance for Common Areas (Article IV, Section 4.2(H) (OR:4336 PG:2)

Pets

Yes, commonly accepted household pets such as dogs, cats, birds (Article VII, Section 7.13 (OR:4336 PG:23)

Leasing & rentals

Yes, with restrictions (Article X, Section 10.4 (OR:4336 PG:2398)

Parking & vehicles

Prohibited; only four-wheel passenger automobiles or vans as determined by Board allowed (Article VII, Section 7.4 (OR:4336 PG:239)

Architectural approval

Yes, for any exterior alteration, addition, change, or repair; plans must be submitted to ARC and Master Association (Article VI, Section 6.1 (OR:4336 PG:2391)

Home business

Prohibited (Article VII, Section 7.1 (OR:4336 PG:239)

Signs & flags

One portable, removable US flag or Florida flag may be displayed; on designated days additional military flags allowed (Article II, Section 2.6 (OR:4336 PG:2384)

Setbacks / home size

Zero (0) lot line easements for side yards; roof overhangs may encroach; 3-foot easement for maintenance (Article VIII, Section 8.4 (OR:4336 PG:23)

Maintenance

Association may maintain roof repair (excluding roof leaks and structural portions); Owner responsible for roof replacement (Article V, Section 5.1 and 5.2 (OR:4336 )

Insurance

Association carries fire insurance on Common Areas, liability insurance, workers compensation, and directors & officers insurance (Article IV, Section 4.2(C),(D),(E) (OR:4)

Use restrictions

Yes, single-family residential living only; no trade, business, profession, or commercial activity (Article VII, Section 7.1 (OR:4336 PG:239)

Voting & meetings

One vote per Lot; if jointly owned, vote cast by any owner present but if owners disagree, vote not counted; if owner not a natural person, Primary Occupant votes (Article III, Section 3.2 (OR:4336 PG:238)

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