Coach Homes I on Montelanico at Esplanade

Key facts from Coach Homes I on Montelanico at Esplanade's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Declaration Section 1)

Legal name

Coach Homes I on Montelanico at Esplanade Condominium Association, Inc. (Articles of Incorporation, name section)

Developer / declarant

Taylor Morrison Esplanade Naples, LLC, a Florida limited liability company (Declaration Section 4.9)

Governing law

Florida Condominium Act, Chapter 718, Florida Statutes (Articles II (Definitions in Bylaws 1.4),)

Assessments & dues

Board adopts annual budget; assessments in direct proportion to ownership share in Common Elements (1/48th per unit). (Bylaws Section 5.5; Declaration Section )

Special assessments

May be imposed by Board to meet unusual, unexpected, unbudgeted, or non-recurring expenses; notice required as per Section 3.8 (mail at least 14 days before and post 14 days in advance). (Bylaws Section 5.6)

Collections & liens

Association has lien; reference to foreclosure of Association's lien in Bylaws Section 5.5. (Bylaws Section 5.5: 'foreclose the Assoc)

Reserves & fees

Required for capital expenditures and deferred maintenance: roof replacement, building painting, pavement resurfacing, and any other item with estimated cost $10,000 or more; computed based on estimated remaining useful life and replacement (Bylaws Section 5.3)

Voting & meetings

One vote per Unit (Home). Each Home collectively entitled to one vote. (Declaration Section 4.29; Articles III(C)

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