Forest City Executive Center

Key facts from Forest City Executive Center's documents

Community type

commercial (Paragraph 1: Property Use)

Legal name

Forest City Executive Center Owners Association, Inc. (Paragraph 15A)

Developer / declarant

BOB HATTAWAY INVESTMENT CORPORATION (Whereas clause)

Assessments & dues

Pro rata based on square footage of each lot relative to total square footage of all lots contained within the Property (Paragraph 15D(c))

Special assessments

allowed for capital improvements to Common Property with 51% vote; also for specific lot owners for retention area maintenance (Paragraph 15D(d))

Collections & liens

Assessment becomes a continuing lien on the lot; Association may foreclose; lien subordinate to first mortgage; extinguished upon foreclosure sale (Paragraph 15D(a) and (e))

Leasing & rentals

yes, long-term leases (14+ years) allowed; Long-term Lessees can be members with voting rights if authorized by fee owner (Paragraph 15A and 15B)

Parking & vehicles

Parking only on paved areas; no front loading docks; service areas on non-street sides; no use that attracts loading/unloading exceeding capacity (Paragraph 4)

Fences

Screens for trash dumpsters must be at least 6 ft height and 50% opaque (Paragraph 5)

Architectural approval

yes, for buildings, structures, signs, screens, fences, landscaping, and other improvements (Paragraph 13)

Solar & roof

Must be approved by Developer; paints, stains, exterior finishes and colors subject to approval (Paragraph 13)

Signs & flags

Must conform to Seminole County sign regulations; directory sign at entrance with uniform size, color, lettering; approval by Developer within 5 business days (Paragraph 6)

Setbacks / home size

Front: 25 ft; Side: 0 ft; Rear: 10 ft; Executive Park Court: 10 ft; Southern boundary: 35 ft; Eastern/Western: 50 ft (Paragraph 3)

Maintenance

not specifically allocated; likely owner (commercial building maintenance) (Not addressed)

Use restrictions

false (Paragraph 1: commercial purposes)

Voting & meetings

Two classes: Class A (owners) 1 vote per 5000 sq ft; Class B (developer) 16 votes per 5000 sq ft (Paragraph 15B)

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