Cypress Bay Condominium Association, Inc.

Key facts from Cypress Bay Condominium Association, Inc.'s documents

Reflects the 1986 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Cypress Bay Homeowners Association, Inc.) (Article 1.1; Articles of Incorporation)

Units / lots

71 (original) plus future development property (209.605 acres) (Recitals; Exhibit A)

Developer / declarant

Cypress Bay Partnership, a Florida general partnership (Stokes & Company and Cesery Investments Inc. as joint venturers) (First page; Article 1.9)

Governing law

Chapter 617, Florida Statutes (for nonprofit corporation); Florida Statutes Section 720.306 (for amendment procedure) (Articles of Incorporation; Second Amendm)

Assessments & dues

Initial maximum annual assessment for Developed Lots (Class I): $360 per lot. Undeveloped Lots (Class II): 1/4 of Class I assessment. (Article 4.4; Article 4.3)

Special assessments

Association may levy special assessments for capital improvements (no cap or percentage specified). (Article 4.1(2))

Collections & liens

Assessments are a continuing lien on the lot; Association may foreclose. Lien subordinate to first mortgage. Sale under foreclosure extinguishes lien for prior assessments but not future assessments. (Article 4.1, 4.8, 4.9)

Reserves & fees

Not specifically stated; interest accrues at highest rate permitted by law from 30 days after due date. (Article 4.8)

Pets

Yes, limited to household pets. (Article 5.9)

Leasing & rentals

Yes, Owner may lease improvements; tenant entitled to use Common Areas but Owner remains liable. (Article 2.1; Article 3.3(e))

Fences

Fences max 5 ft high (6 ft for privacy fence with garden bath), wood shadow box or black wrought iron type (4-6 ft high). Approval required. (Article 5.3 (as amended by 2009 Amendmen)

Architectural approval

Yes, for any building, fence, wall, structure, or exterior alteration. Plans must be submitted to Developer or appointed architectural committee (later to Board after Class B membership termination). (Article 5.1)

Home business

Prohibited except that Owner may host periodic garage sales (7am-5pm, low disturbance). (Article 5.8 (as amended by 2015 Second A)

Setbacks / home size

Minimum 25 ft front lot line, 12.5 ft side street. No structure within those lines. (Article 5.4)

Use restrictions

Lots limited to one single family dwelling, garage, and permitted attached suite. No trade, business, or commercial activity. (Article 5.2; Article 5.8)

Voting & meetings

Class A: each lot owner has one vote per lot owned. Class B: Developer initially 71 votes, increasing with annexation; terminates upon transfer of all lots, Dec 31, 1995, or earlier at Developer's option. (Article 2.2; Articles of Incorporation A)

Amendments

Developer may unilaterally amend to cure ambiguities or add consistent restrictions. After Class B termination, amendment requires Board proposal and two-thirds vote of membership (per Florida Statutes). (Article 7.2; Articles of Incorporation A)

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