Stone River Retirement Community LLC

Key facts from Stone River Retirement Community LLC's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (commercial subdivision homeowners association) (Page 1 of 178 (Certificate of Recording:)

Legal name

Tara Commercial Commons Association, Inc., a Florida not for profit corporation (Page 1 of 178 (Certificate of Recording))

Governing law

Florida Statutes 720.403-720.407 (revival and preservation of declaration) (Page 1 of 178 (Certificate of Recording,)

Assessments & dues

Board establishes budget based on anticipated expenses and total Assessment Points; before Turnover Date capped at initial rate plus 10% per year; after Turnover board sets budget freely. (Page 14 of 178 (Section 5.09(a)-(b)))

Special assessments

Any assessment other than Regular Assessment; may include compliance costs, improvements, services; need not be uniform (Section 1.04(b), Section 5.05) (Page 6 of 178 (Section 1.04(b)) and Page)

Collections & liens

Assessments are a continuing lien on the Parcel; Association may record a Notice of Lien in the public records (Section 5.01, 5.02) (Page 12 of 178 (Section 5.01) and Page 1)

Reserves & fees

Board may establish reserves from Regular Assessments for deferred maintenance, repair, etc. (Section 5.10) (Page 14 of 178 (Section 5.10))

Architectural approval

Architectural Review required for all Alterations, Development, Improvements, Landscaping, and Repair or Restoration to parcels (Section 9.01 definitions, Section 9.04). Declarant is not subject. (Page 18-20 of 178 (Article 9, especially)

Voting & meetings

Voting interest of each parcel owner is the same as under the original Declaration; not further detailed in this document (Page 1 of 178 (Certificate of Recording,)

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