Hammock Bay Freeport Master Association, Inc.

Key facts from Hammock Bay Freeport Master Association, Inc.'s documents

Community type

HOA (Master Association) (Sections 1.1(u), 3.1, 3.3, overall conte)

Governing law

Florida law (Section 19.20: Law to Govern; also locat)

Assessments & dues

Set by Board of Directors at a level sufficient to meet obligations, including contingencies and reserves. (Section 7.2: Board of Directors...shall )

Special assessments

Allowed for misuse by an owner, fines, or non-recurring purpose (requires 2/3 vote of Members present at meeting). Also for specific expenses against particular lots. (Section 7.4: The Master Association shal)

Collections & liens

Unpaid assessments become a continuing lien on the lot; Master Association can foreclose similar to mortgage lien; personal obligation of owner. (Section 7.8(a): such Assessments (or ins)

Reserves & fees

5% of sum due, not to exceed $25.00 (Section 7.8(b)(i): an administrative lat)

Pets

Yes, common domestic household pets only. (Section 6.7: No animals except common do)

Leasing & rentals

Yes, leases and subleases allowed if approved in accordance with Declaration. (Section 1.1(x): occupants named or descr)

Use restrictions

Lots are for residential purposes; Parcels may include commercial, apartments, church, school, etc. (Section 1.1(t): A Lot refers only to lan)

Voting & meetings

As provided in Articles of Incorporation (Section 3.2: The Master Association shal)

Amendments

Article 19.7 (not provided in excerpt) - but table of contents references amendment. (Table of Contents: 19.7 AMENDMENT)

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