Lazy Lakes Rv Resort Condominium Association, Inc

Key facts from Lazy Lakes Rv Resort Condominium Association, Inc's documents

Reflects the 2009 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article I; Title)

Units / lots

99 parcels (lots) (Article II, definition of Lot; Article I)

Governing law

Florida Condominium Act (Chapter 718, Florida Statutes) as it exists on the date hereof (Article I, para 1; Article II.A)

Special assessments

Board may levy additional assessments if needed; specific purpose must be stated in writing (Article VII.F.2)

Collections & liens

Assessments constitute a lien on the parcel; lien recorded in Monroe County; foreclosure action may be filed after 30 days notice; first mortgagee liability limited (Article VII.F.6)

Reserves & fees

Annual budget must include reserves for capital expenditures and deferred maintenance; may be waived or reduced by majority vote of voting interests; general operating reserve not to exceed 10% of current annual assessment and capped at 30% (Article VII.H)

Pets

Yes – dogs, cats, or other household pets may be kept, but not for commercial purposes; no livestock or poultry (Article V.U.3)

Leasing & rentals

Yes, transient or otherwise, subject to applicable state or local laws, ordinances and regulations (Article V.S)

Parking & vehicles

Prohibited (Article V.Q)

Architectural approval

Yes, prior written consent of Association required for any alteration of parcel, addition to Approved-Dwelling, change in appearance, etc. (Article V.C (Alterations))

Home business

Not explicitly addressed; general prohibition on improper, offensive, hazardous, or unlawful use likely covers business activities (Article V.I (No Improper Uses))

Use restrictions

All 99 lots are recreational vehicle lots considered transient 'commercial' lots; may not be used for year-round occupancy; must be made available for transient rental when not occupied by owner (Article V, opening paragraph; Article V.)

Voting & meetings

One vote per parcel; if multiple owners, one vote as determined among them; voting certificate may designate representative (Article IV, Voting Rights; Article II, V)

Amendments

Change of undivided interest requires unanimous consent of parcel owners and record owners of liens; other amendments not fully described (Article IV (Change of Undivided Interest)

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