Pinecrest at Inlet Beach Homeowner's; Etc

Key facts from Pinecrest at Inlet Beach Homeowner's; Etc's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

PINECREST AT INLET BEACH HOMEOWNERS ASSOCIATION, INC. (Section 1.3)

Governing law

Florida law (References to Florida statutes (e.g., Ch)

Assessments & dues

Board adopts budget and sets General Assessment at least 30 days in advance (Section 7.2)

Special assessments

Allowed for capital improvements or budget deficits; after Turnover requires 2/3 vote of owners (Section 7.3)

Collections & liens

Continuing lien on Lot and improvements; subordinate to first mortgage; can foreclose in same manner as mortgages in Florida (Sections 7.8, 7.9, 7.10)

Reserves & fees

Association may establish reserves; before Turnover, Founder not required to establish or contribute (Sections 6.1.4, 7.7)

Fences

Must comply with Design Code; not specified in Declaration (Section 4.2.1)

Architectural approval

Association has 45 days from complete submission; if no response, deemed approved; if rejected, Owner has 90 days to resubmit; then 15 business days for approval (Section 4.3.4)

Signs & flags

Subject to architectural approval; Founder may maintain sales signs during development (Section 1.14 (definition includes signs))

Use restrictions

Lot use must comply with Declaration and Design Code; community is residential (Section 3.6.1, preamble)

Voting & meetings

One vote per Lot owned; Class A (all Owners except Founder) and Class B (Founder); co-owners must designate one voter; husband and wife each may vote unless notified otherwise (Sections 5.2, 5.3)

Amendments

Founder may amend before Turnover without notice/approval; after Turnover, amendment requires 80% of all Lots' Owners and Founder's consent if Founder owns any Lots; recorded (Section 8.5)

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