Saltwater

Key facts from Saltwater's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Developer / declarant

GBOF1, LLC (Preamble)

Governing law

Florida Statutes (Section 1.2 (Definitions) indirectly ref)

Assessments & dues

Set by Board based on Annual Budget; not fixed (Section 6.4)

Special assessments

Allowed for capital improvements (with 2/3 Member vote) and for emergencies (unanimous Board vote) (Sections 6.5.1 and 6.5.2)

Collections & liens

Delinquent assessments become a continuing lien; Association may foreclose, has power of sale subordinate to first mortgage; personal obligation also exists (Sections 6.7 – 6.11)

Reserves & fees

Board shall build up and maintain adequate reserves for working capital, contingencies, and replacement (Section 6.3.4)

Pets

Dogs, cats, and other customary household pets permitted; no fowl, reptiles, or commercial breeding (Section 8.7)

Leasing & rentals

Yes, but with restrictions (Section 8.3)

Parking & vehicles

Only in garages, driveways, and designated parking areas (Section 8.6)

Architectural approval

Yes, all construction, modification, alteration, or improvement must have prior written approval of Board (Section 7.1)

Home business

Allowed if incidental, no external change, no increased traffic, no interference (Section 8.2)

Signs & flags

One sign conforming to design standards allowed; 'For Rent' signs subject to Board approval; Declarant signs exempt (Section 8.9)

Maintenance

Association maintains Common Property; Owner maintains Lot and limited common areas (Sections 6.1, 1.8)

Insurance

Association shall obtain casualty insurance on Common Area improvements, public liability insurance, director liability insurance, and fidelity bonds (Sections 9.2, 9.3, 9.4, 9.5)

Use restrictions

Yes, each Lot used for residential purposes only; home occupations allowed (Section 8.2)

Voting & meetings

One vote per Lot (Section 5.2)

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