Bonefish Yacht Club

Key facts from Bonefish Yacht Club's documents

Reflects the 2010 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Defined as 'Association': Bonefish Yacht)

Units / lots

Maximum of 34 residential Dwelling Units (General Plan of Development, part a: 'no)

Developer / declarant

Bonefish Yacht Club, LTD. (General Plan of Development, page 1)

Governing law

Chapter 720 Florida Statutes (Homeowners' Association Act) (Section 1.1 'Act')

Assessments & dues

Board prepares annual budget; assessments apportioned equally per lot; adjustments may be made by Board (Sections 3.2, 3.4, 3.5)

Special assessments

Board may levy Special Assessments to defray Common Expenses not met by Regular Assessments (Section 3.7)

Collections & liens

Assessments and Charges are a continuing lien on the Lot; Association may foreclose like a mortgage; lien relates back to recording of original Declaration except as to first mortgages; personal obligation of Owner; joint and several liabil (Section 3.8, 3.9(c))

Reserves & fees

Board may establish optional contingent reserve fund for replacement/capital refurbishment of Common Areas (Section 3.3(j))

Pets

Dogs, cats or other household pets may be kept provided not bred or maintained for commercial purpose (Section 5.4)

Leasing & rentals

Yes, entire Lots may be rented; no subdivision or sub-renting (Section 13.1(a))

Parking & vehicles

Not specifically mentioned (Not provided)

Architectural approval

Architectural Review Committee (ARC) or Board must approve any exterior modifications, plantings, etc. prior written approval required (Sections 1.3 (ARC definition), 6.4 (Owne)

Home business

Commercial activity prohibited; home office/telecommuting allowed if no customers, signage, storage, equipment; no occupational license required (Section 5.19)

Setbacks / home size

Not to exceed three stories (Section 5.1)

Maintenance

Each Owner shall maintain, repair and replace roof and/or gutters over his/her Dwelling Unit; if multiple units share roof, Owners share costs proportionately; Association may contract and assess if Owner refuses (Section 6.5)

Insurance

Association shall maintain insurance covering Common Areas and grass areas/lawns between Dwelling Unit and Boardwalk; fire and extended coverage including wind and flood for Clubhouse and Pool area; comprehensive general public liability wi (Section 8.5)

Use restrictions

Lots shall only be used for residential purposes; no industry, business, trade, occupation or profession on Common Areas (Sections 5.1, 5.2)

Voting & meetings

Each Owner entitled to one vote per Lot; multiple owners exercise vote as provided in Bylaws (Section 2.4 'Vote')

Amendments

Proposed by President, majority of Board, or petition of 20% of Voting Interests; approved by two-thirds of Voting Interests present and voting at meeting with quorum; recorded in public records; Board may amend to comply with less stringen (Section 12)

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