Key Largo

Key facts from Key Largo's documents

Community type

Covenant / Planned Community

Units / lots

215

Developer / declarant

HELVETIA ASSET RECOVERY INC.

Governing law

Texas Nonprofit Corporation Act (Article 19)

Assessments & dues

Maximum $500 in 2006, adjusted by CPI or 10% compounded annually, whichever greater (Article 19)

Special assessments

Allowed for capital improvements with membership vote (Article 19)

Collections & liens

Lien established for unpaid assessments, interest, costs, attorney's fees; runs with land (Article 19)

Reserves & fees

One or more reserve funds authorized (Article 19)

Pets

Yes, up to 2 dogs and/or 2 cats (Article 11)

Leasing & rentals

Yes, with minimum 90-day lease term (Article 8)

Parking & vehicles

Prohibited (no vehicle over 9 ft height stored on lot or street) (Article 17)

Fences

Fences generally 6 ft high. No fences between setback and street. Fences facing street must be masonry, wrought iron, or vertical solid cedar/spruce. Wood fences must be solid. No pen/rail design. (Article 13)

Architectural approval

Yes, for any building or improvement (Article 2)

Home business

Prohibited except as provided (Article 8)

Signs & flags

One For Sale sign up to 5 sq ft; builders may have larger; association may place award signs; other signs require Board consent (Article 16)

Setbacks / home size

Front setback per plat (20 ft). Interior setback minimum 5 ft, unless 10 ft separation if lots joined. No building within 5 ft of interior lot line. (Article 4)

Use restrictions

Single-family residential purposes only (Article 1)

Voting & meetings

Class A (lot owners): 1 vote per lot. Class B (Declarant): 1 vote per lot owned until conversion when Class A votes >= Class B or Dec 31, 2016 (Article 19)

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