Georgetown Property Owners Association, Inc.

Key facts from Georgetown Property Owners Association, Inc.'s documents

Reflects the 1986 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (HOA) - Townhouses and other non-condominium units (Section II: 'operating entity for any gr)

Governing law

Florida (not for profit corporation) (Section II: 'a Florida corporation not f)

Assessments & dues

Not fixed; initial guaranty ceiling: $75 per month for first calendar year to initial purchasers (Section II.D.2)

Special assessments

Allowed for acquisition, capital improvements, unexpected repairs; if >$15,000 after declarant control, requires 2/3 membership approval; otherwise Board may levy (Section II.D.3)

Collections & liens

Unpaid assessments become a continuing lien on the Unit; Association may foreclose and sue for personal obligation; costs and attorney's fees added (Section II.E.1)

Reserves & fees

Mentioned as part of general assessments: 'reasonable reserves for replacements' (Section II.D.1)

Leasing & rentals

Yes, but with Association approval (Section VII.A.1)

Parking & vehicles

Not explicitly addressed

Fences

Subject to ARB review of design, materials, color, location (Section VIII.C)

Architectural approval

Yes, for any improvement or alteration (including buildings, fences, landscaping, etc.) (Section VIII.C, E)

Maintenance

Association (exterior roof maintenance included) (Section III.A.1: 'exterior of each dwell)

Insurance

Comprehensive public liability and property damage insurance covering all structural elements of all Property; minimum $1,000,000 per occurrence (Section V.B)

Use restrictions

Yes (Units for residential occupancy; approval of corporate ownership may require occupant approval) (Section VII.B.3: 'Units may be used only)

Voting & meetings

Not detailed in this Declaration (see Articles and By-Laws)

Amendments

During declarant control: Declarant has sole power to amend; After: owners of at least 2/3 voting interests must execute and record instrument (Section XI.F)

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