Lake Lady L-101 Vista Lago HOA

Key facts from Lake Lady L-101 Vista Lago HOA's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Paragraph 1 submission to condominium)

Legal name

Vista Lago Villas Condominium Owners Association, Inc.

Developer / declarant

The Villages of Lake-Sumter, Inc. (Opening paragraph)

Governing law

Chapter 718 Florida Statutes (Paragraph 1; Section 4 definitions)

Age restriction

Yes; at least one occupant 55+; no permanent resident under 19; visitors under 19 up to 30 days per year; 80% of Units must have 55+ resident; hardship exceptions allowed (Paragraph 12.3.8)

Assessments & dues

Common expenses shared equally (1/38 each); budget determined by Board (Paragraph 5.3.1; Section 8 fiscal manage)

Special assessments

Allowed; may be levied without vote for reconstruction (insurance insufficient); otherwise 67% vote required for special assessment related to substantial damage (Paragraph 11.2.2 and 11.2.3.1.2)

Collections & liens

Assessments secured by lien; Amenities Fee secured by lien superior except first mortgage and Association assessments (Paragraph 26.5 (Amenities Fee lien); gen)

Reserves & fees

Not to exceed $100 or as permitted by law (Paragraph 13.2.1)

Pets

Yes: birds, fish, dogs, cats (Paragraph 12.3.6)

Leasing & rentals

Yes, but subject to Association approval; entire Units only (Paragraph 13.1 and 13.1.2)

Parking & vehicles

Exclusive use of garage and adjoining paved driveway per Unit (Paragraph 12.5)

Architectural approval

Yes, for alterations to portions maintained by Association; prior written approval of Board (Paragraph 6.7)

Home business

Prohibited (no commercial, professional, inventory or customer visits) (Paragraph 12.3.1)

Signs & flags

Only name sign permitted per Association specs; no other signs without consent; lawn ornaments prohibited (Paragraph 12.3.2)

Maintenance

Not explicitly addressed; Association responsible for exterior building walls, but roof not mentioned in 6.1 (Not found)

Insurance

Paid by Association (10.5.3 last sentence) (Paragraph 10.5.3)

Use restrictions

All Units for residential purposes only; no commercial/professional activity (Paragraph 12.3.1)

Voting & meetings

One non-divisible vote per Unit (Paragraph 5.3.3.2)

Amendments

Rules and regulations may be amended by Board and must be recorded. Material alterations to Common Elements require 67% vote. Declaration amendment not explicitly stated (likely per statute) (Paragraph 12.2 and 7.3)

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