Coach Homes I at Lakewood National Condominium Association, Inc.

Key facts from Coach Homes I at Lakewood National Condominium Association, Inc.'s documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Phase Condominium) (Section 1.3 and Recital B)

Governing law

Florida Condominium Act, Chapter 718 (Section 1.2 and Section 2 definition of )

Assessments & dues

Board establishes annual budget and levies assessments proportionate to each Unit's undivided share (equal per unit). (Declaration Section 5.1 and Section 13.1)

Special assessments

Allowed; defined as any Assessment levied other than the annual budget assessment. (Declaration Section 2 definition of 'Spe)

Collections & liens

Association has lien for unpaid assessments; may foreclose (Section 14). (Declaration Section 14.4, 14.5, 14.6)

Reserves & fees

Required (Section 13.5). (Declaration Section 13.5)

Pets

Yes, subject to rules (Section 18.13). (Declaration Section 18.13)

Leasing & rentals

Yes (Section 18.9 refers to leases). (Declaration Section 18.9)

Parking & vehicles

Each Unit entitled to exclusive use of one (1) enclosed garage and driveway (Limited Common Element). Assigned parking areas depicted on Exhibit 2. (Declaration Section 3.14.2, Section 18.1)

Fences

Not explicitly; exterior improvements subject to approval (Section 18.7). (Declaration Section 18.7)

Architectural approval

Yes; alterations by Unit Owners require prior written approval of Board (Section 11) and/or compliance with Master Declaration architectural control provisions (Section 9). (Declaration Section 9 and Section 11)

Home business

Not explicitly addressed in provided pages. (Not in text)

Signs & flags

Regulated (Section 18.16). (Declaration Section 18.16)

Setbacks / home size

1,741 square feet (minimum) to 2,110 square feet (maximum) air-conditioned living space per unit. (Declaration Section 3.1 table)

Insurance

Unit Owners are advised to maintain personal coverage (Section 15.9). (Declaration Section 15.9)

Use restrictions

Implied; units for dwelling purposes (Section 18.8 'Lawful Use' and Section 18.17). (Declaration Section 18.8, 18.17)

Voting & meetings

One (1) vote per Unit, regardless of number of Unit Owners (Declaration Section 5.2 and Section 3.3)

Amendments

Proposed by Board (majority vote) or Owners of 20% of Units; notice; approval by >50% of Voting Interests present at quorum meeting plus 66-2/3% Board, or by 80% of Voting Interests present. Prior to Unit Owner control, 100% Board approval. (Declaration Section 7.1.3 and Section 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.