Hutchinson Lane Compound Home Owners Association, Inc.

Key facts from Hutchinson Lane Compound Home Owners Association, Inc.'s documents

Reflects the 2011 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

homeowners association (1.2 Association definition)

Legal name

Hutchinson Lane Compound Homeowners Association, Inc.

Units / lots

4 (each unit on a lot) (1.13 Lot definition; 4.1 and 8.2 imply f)

Developer / declarant

Hutchinson Lane Compound Homeowners Association, Inc.

Governing law

Florida Chapter 617 (Not For Profit Corporation Act) (5.2 T: to exercise all powers granted to)

Assessments & dues

initial regular maintenance assessment as percentages: Unit 1 25%, Unit 2 25%, Unit 3 20%, Unit 4 30% (6.2(b))

Special assessments

allowed for extraordinary or emergency nature; due within 15 days of written notice; interest 18% per annum if late (6.4)

Collections & liens

each regular and special assessment constitutes a debt and lien on the property; may be foreclosed; subordinate to institutional mortgages (6.5)

Reserves & fees

required reserves for capital expenditures and deferred maintenance; general operating reserve up to 10% of current annual assessment, cap at 30% (5.8 A and B)

Pets

up to two domesticated dogs, cats or birds per dwelling unit (3.11)

Leasing & rentals

yes, with prior written approval of Association; lease must be for entire dwelling unit only (7.1 and 7.2)

Parking & vehicles

vehicles having commercial signs not allowed except temporarily for delivery/pickup (3.8: private passenger automobile ... ha)

Fences

fences only within rear or interior side lot lines; height not exceeding 4 feet; location, composition, height subject to Board approval (3.5)

Architectural approval

yes, for all improvements including exterior changes (2.2: no paved area, fence, wall, shrubbe)

Signs & flags

only a street address sign required; no other signs displayed to public view on any lot, dwelling unit, or vehicle (3.7)

Use restrictions

each lot shall be used exclusively for single-family residential purposes (2.1)

Voting & meetings

Unit 1: 1 vote; Unit 2: 1 vote; Unit 3: 0.8 vote; Unit 4: 1.2 votes (8.2)

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