Orchid Island Golf & Beach Etc

Key facts from Orchid Island Golf & Beach Etc's documents

Community type

HOA (Homeowners Association) (Declaration establishes a community asso)

Developer / declarant

Orchid Island Associates Limited Partnership, a Connecticut limited partnership (Preamble)

Governing law

Not a condominium within meaning of Florida Condominium Act, Florida Statutes Section 718.101, et seq. (Introductory paragraph before Article I)

Assessments & dues

Set annually by Board based on budget; not fixed in declaration. (Art. X, Section 2)

Special assessments

May be levied for entire membership (Art. X, Section 4(a)) and to cover casualty loss repair shortfalls (Art. V, Section 5). No specific percentage limit stated. (Art. X, Section 4; Art. V, Section 5)

Collections & liens

All assessments, plus interest, late charges, costs, and attorney's fees, are a continuing lien on the Unit or Club and a personal obligation of the owner at the time the assessment arose. First mortgagee acquiring title is not liable for p (Art. X, Section 1)

Reserves & fees

Budget must include a capital contribution establishing a reserve fund in accordance with a separately prepared budget (Art. X, Section 7). (Art. X, Sections 2 and 7)

Pets

Section on Animals and Pets exists (Art. XI, Section 5) but text not provided. (Table of Contents (Art. XI, Section 5))

Leasing & rentals

Section on Leasing of Units exists (Art. XI, Section 33) but text not provided. (Table of Contents (Art. XI, Section 33))

Parking & vehicles

Section on Parking and Prohibited Vehicles exists (Art. XI, Section 3) but text not provided. (Table of Contents (Art. XI, Section 3))

Architectural approval

Architectural Review Committee approval required for new construction (Section 1) and modifications (Section 2). Appeal to Board of Directors (Section 3). Right to inspect (Section 4). No waiver of future approvals (Section 5). Compliance w (Art. XI, Sections 1-8; Art. XVI, Section)

Home business

Section on Business Use exists (Art. XI, Section 30) but text not provided in excerpt. (Table of Contents (Art. XI, Section 30))

Maintenance

Association maintains Common Area (General and Exclusive). Owners maintain their Unit and certain adjacent areas. Neighborhood may pay for certain maintenance through Neighborhood Assessments. (Art. IV, Sections 1, 2, 3)

Insurance

Reasonable deductible allowed; amount not subtracted from face amount. Deductible paid by party liable for loss. (Art. V, Section 1)

Use restrictions

Residential Units defined as intended for development, use, and occupancy as an attached or detached single-family residence. Nonresidential Units also permitted for other purposes. (Art. I, Sections 28 (Residential Unit) a)

Voting & meetings

Three classes: Class A (Owners of Units – one vote per Residential Unit, 1/4 vote per Nonresidential Unit); Class B (Declarant – appoints majority of Board during control period, later right to disapprove); Class C (owners of Club(s) – vote (Art. III, Sections 2 and 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.