Cudjoe Shores Homeowners Association

Key facts from Cudjoe Shores Homeowners Association's documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

homeowners association (HOA) – affordable housing community (WHEREAS: 'affordable housing community';)

Units / lots

8 (four homes per each of two parcels) (Section 1.3: 'two (2) lots... improved w)

Developer / declarant

Habitat for Humanity of Key West and Lower Florida Keys, Inc. (Heading)

Governing law

Florida Statute Chapter 720 (WHEREAS paragraph, Page 2)

Assessments & dues

Board fixes assessment based on annual budget; each parcel pays equal 10% share (Sections 6.3, 6.2.A)

Special assessments

Allowed with majority membership vote and Declarant approval while Declarant owns a parcel (Section 6.2.B)

Collections & liens

Unpaid assessments become a lien; foreclosure allowed after 30-day notice; lien subordinated to first mortgages (Sections 7.2, 7.3, 6.5)

Reserves & fees

Required for capital expenditures and deferred maintenance; may be waived by 1/2 vote; general operating reserve limited to 10% of annual assessment, maximum 30% (Section 5.7)

Parking & vehicles

Designated parking under each dwelling and area next to front stairs; 4 overflow spaces; Board may assign one overflow per unit as limited common; no parking elsewhere (Section 3.4)

Use restrictions

Yes (implied by affordable housing community; specific restriction on renting and transfer to income-qualified persons) (Sections 3.2, 3.15, 3.16)

Voting & meetings

One vote per Parcel (owned by Owner); Declarant retains control until all parcels leased or Declarant elects to transfer; Declarant may appoint one director after transfer (Sections 4.5, 4.3)

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