Cove at Falcon Trace Plat 1

Key facts from Cove at Falcon Trace Plat 1's documents

Reflects the 2014 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

homeowners_association (Not a condominium association (Section 1)

Units / lots

One Hundred Fifty-One (151) Homes initially (Section 1.41)

Developer / declarant

D.R. Horton, Inc., a Delaware corporation (Preamble)

Governing law

Chapter 720, Florida Statutes (HOA Act) (Section 1.20)

Assessments & dues

Budget prepared by Board; total operating expenses apportioned equally among Contributing Homes (Section 7.1)

Reserves & fees

Reserves for future maintenance, repair and replacements are specifically excluded from Operating Expenses; Board may include them in annual budget (Section 6.1.2 (last three sentences))

Use restrictions

Home defined as residential dwelling unit intended as an abode for one (1) family (Section 1.21)

Voting & meetings

As set forth in the Articles of Incorporation (Section 5.1)

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