Atlantic Fields Club

Key facts from Atlantic Fields Club's documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Master planned mixed-use community with Master Association and separate Owners' Associations for Subdivision Property, Non-Residential Property, and Condominium Property (Recitals E, F, G, H, I)

Developer / declarant

Discovery Hobe Sound Investors, LLC, a Delaware limited liability company, address: 14605 North 73rd Street Scottsdale, Arizona 85260 (Master Declaration (page 1, effective da)

Governing law

Master Association is not subject to Chapter 720, Florida Statutes; references to Condominium Act (Chapter 718), Chapter 190, Chapter 298; general Applicable Law includes all federal, state, county, municipal laws (Section 1.1 (definition of Applicable La)

Assessments & dues

Master Association Board makes and collects Master Assessments against Members or Owners for Master Common Expenses (Section 2.5(a))

Special assessments

Master Special Assessments are defined; Section 7.7 referenced but not fully extracted (Section 1.1 (definition of Master Specia)

Collections & liens

Not explicitly extracted; Master Association may enforce by legal means (Section 2.5(g)), but unpaid assessments may result in liens per other sections not fully seen (Section 2.5(g))

Reserves & fees

Master Parcel Common Expenses and Master Property Common Expenses may include reserves for any of the foregoing expenses (Section 1.1 (definitions of Master Parce)

Leasing & rentals

Not explicitly addressed in extracted portion; Rental Program defined in Section 4.15 (not extracted) indicates rental may be allowed (Section 1.1 (definition of Rental Progra)

Architectural approval

Yes, Design Review Committee approves improvements, including initial construction and modifications. Design Guidelines apply. (Section 1.1 (Design Review Committee, De)

Insurance

Master Association may purchase insurance on Master Common Areas and Master Association Property, and insurance for protection of Master Association, Members, and Owners (Section 2.5(e))

Use restrictions

Not exclusively; mixed-use including non-residential property is anticipated (Recital E, Section 4.2)

Voting & meetings

Members: Declarant (Class B) and each Owners' Association (Class A). Class B has 3 votes for each Class A vote until Turnover. Each Parcel gives one vote per Assessment Unit (for Non-Residential Units). Master Association Delegates vote on (Section 2.4)

Amendments

Declarant may amend by Supplemental Declaration (Section 3.2(b), 3.3(a)). Master Association may delete property with consent of mortgagees and all Members (Section 3.3(b)). Limitations on deletions require approval of Members or District ( (Sections 3.2, 3.3)

Amenities

Club (Atlantic Fields Club), Bridle Paths, Equestrian Improvements, Organic Farm, Surface Water/Stormwater Management System, Landscape Buffer Tracts, Open Areas, Streets and Roadways, Designated Facilities (Section 1.1 (definitions of Club, Bridle)

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