The Lakes Homeowners Association I, Inc.

Key facts from The Lakes Homeowners Association I, Inc.'s documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Title: 'The Lakes Villas Condominium I')

Legal name

The Lakes Villas Condominium I Association, Inc.

Governing law

Florida Condominium Act (Article XII: 'as provided in the Condomi)

Assessments & dues

Assessed against unit owners in the percentage of their common expenses (Article XII: 'shall be assessed against )

Collections & liens

Association has a lien on each condominium parcel for unpaid assessments, securing interest, late fees, costs, and reasonable attorney's fees; upon foreclosure unit owner must pay reasonable rental and Association may obtain receiver (Article XII: 'The Association shall have)

Reserves & fees

Administrative late fee determined by Board of Directors, not exceeding maximum allowed by law (Article XII: 'The Association may levy a)

Leasing & rentals

Yes, with restrictions (Article XVIII Section 2: 'the owner... s)

Voting & meetings

Unit owners vote; amendment adopted by 75% of unit owners present and voting (Preamble: 'affirmative vote of seventy-f)

Amendments

Adopted by affirmative vote of 75% of unit owners present and voting at a meeting where a quorum is present (Preamble: 'by the affirmative vote of se)

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