Tower Shores Beach Association

Key facts from Tower Shores Beach Association's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Tower Shores Beach Association (Title: 'TOWER SHORES BEACH ASSOCIATION')

Units / lots

118

Assessments & dues

Equal to budgeted expenses divided by number of dwelling units (no fixed amount) (Amended Paragraph 12: 'an amount equal t)

Special assessments

Board of Directors may expend funds in an emergency affecting life or property (Amended Paragraph 12: 'In the event of a)

Collections & liens

Any unpaid assessment becomes a continuing lien upon the property assessed, together with costs of collection (Amended Paragraph 12: 'shall become a co)

Reserves & fees

Included in costs of collection (Amended Paragraph 12: 'together with lat)

Voting & meetings

Each owner of a dwelling unit has one vote. Each undeveloped lot is considered one dwelling unit; each lot occupied by a commercial establishment is considered two dwelling units. (Amendment: 'For purposes of voting right)

Amendments

By vote or written consent of no less than a majority of lot owners at any regular or special meeting (Recital: 'the Restrictive Covenants … ma)

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