Villas I at Glen Abbey

Key facts from Villas I at Glen Abbey's documents

Reflects the 1994 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Residential neighborhood of sixty (60) single family Villas, grouped in pairs of attached residences (PREMISES, page 1)

Developer / declarant

U.S. Home Corporation, a Delaware corporation authorized to do business in Florida (Opening paragraph, page 1)

Governing law

Florida Statutes Chapter 617 (for not-for-profit corporations) and Section 718.116 (for lien foreclosure procedures) (Section 3.3 (Florida Statutes 617.301-61)

Assessments & dues

Initially guaranteed by Developer: not to exceed $300/quarter ($100/month) until 12/31/1997; then $345/quarter ($115/month) until 12/31/1998 or turnover; then $397/quarter ($132/month) thereafter until turnover; after guarantee period, asse (Section 4.3)

Special assessments

Allowed for Association expenditures not provided for in annual budget; for material alterations requires majority of Board and approval of 2/3 of voting interests present and voting (Section 4.1(B): 'special assessments for)

Collections & liens

Assessments are a continuing lien on the Lot and Living Unit, superior to Homestead rights; perfected by recording Claim of Lien; lien subordinate to mortgages; may be foreclosed in equity; Association also may bring money judgment (Section 4.4 (lien), Section 4.5 (priorit)

Reserves & fees

Not required; Developer guarantee period does not include cost of funding reserves (Section 4.3: 'Such difference (if any), )

Pets

Yes, subject to limits (Section 11.14)

Leasing & rentals

Yes, Villas may be leased (Section 11.3: 'Villas may be leased')

Parking & vehicles

Commercial trucks or other commercial vehicles not allowed to be parked, stored, or kept on Properties unless enclosed within a garage; service vehicles temporarily present on business are excepted (Section 11.15)

Architectural approval

Yes, for material changes in exterior color, color/style of roofing, and for any building, structure, improvement, grading, excavation, or landscaping that materially alters exterior appearance of any structure, Lot, or Neighborhood Common (Section 5)

Signs & flags

A flagpole for display of the American Flag only may be permitted if design and location approved by ARC; flagpole shall not be used to mount an antenna (Section 11.16)

Maintenance

Association responsibility for repair and replacement of roofs (ordinary wear and tear) (Section 7.2(B): 'The Association shall c)

Use restrictions

Each Villa shall be occupied by only one family and its temporary guests as a residence and for no other purpose (Section 11.1)

Voting & meetings

Each Lot owner has one vote in Association affairs (Section 6.1(A): 'the right to cast one ()

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