Lorraine Corners South Owners Assn Inc

Key facts from Lorraine Corners South Owners Assn Inc's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned community – not a condominium association (explicitly stated not governed by Chapter 718, Florida Statutes) (Article I, Section 2: 'The Association i)

Legal name

LORRAINE CORNERS SOUTH OWNERS’ ASSOCIATION, INC., a Florida corporation not-for-profit (First paragraph; also Article I, Section)

Developer / declarant

LORRAINE CORNERS SOUTH, LLC, a Florida limited liability company (First paragraph of Declaration)

Governing law

Florida Statutes but not Chapter 718; Chapter 617 (not-for-profit corporation) likely referenced in Articles (Article I, Section 2: 'The Association i)

Assessments & dues

Not fixed; determined annually by Board via Budget. Common Assessment = (Parcel Assessment Shares / total Assessment Shares) * Budget. (Article V, Section 5: 'The Common Assess)

Special assessments

Authorized for non-recurring and/or unforeseen expenses (capital additions, uninsured casualty losses); levied against all applicable Parcels at an equal rate or as Board determines. Declarant is never obligated to pay Special Assessments u (Article I, Section 1(b)(iv); Article V, )

Collections & liens

All Assessments are a continuing lien on the Parcel/Subassociation Unit and personal obligation of the Owner. Lien may be foreclosed like a mortgage. Lien recorded in public records upon claim of lien. (Article V, Section 3: 'any and all Asses)

Reserves & fees

Authorized: 'reasonable reserves as the Association my deem necessary' (Article V, Section 2). No specific funding requirement. (Article V, Section 2: 'reasonable reserv)

Pets

Pets are generally prohibited from Common Areas except where specifically designated by Board. Livestock/poultry prohibited except pet stores and veterinary clinics (animals kept inside). Dogs/cats not addressed; Subassociations may further (Article VI, Section 1(l): 'Pets shall be)

Leasing & rentals

Leases permitted but must require tenant to comply with Documents. (Article VI, Section 1(u): 'Leases of a P)

Parking & vehicles

Not specifically addressed; Common Areas include roadways. Association may control access through gatehouse. (Article VI, Section 1(y) mentions 'contr)

Fences

Not specifically addressed; subject to Plans Review Committee approval and Design Standards. (Article VII, Section 2 (general approval)

Architectural approval

Yes, all Improvements, alterations, grading, landscaping, etc. require prior written approval of Association acting through Plans Review Committee. (Article VII, Section 2: 'no Improvements)

Home business

Not prohibited; but commercial uses are allowed by design. No specific home business restriction; however, all uses must comply with Governmental Regulations and Use Restrictions. (Article VI, Section 1(u): 'All Owners sh)

Signs & flags

Flagpoles require prior written consent of Plans Review Committee (unless otherwise authorized by law). (Article VI, Section 1(f): 'no antennas, )

Maintenance

Association responsible for Common Areas (including General, Exclusive, Maintenance, Subassociation Common Areas). Owners responsible for their own Parcels. Subassociations responsible for Subassociation Common Areas within their projects. (Article I, Section 1(h) definitions; Art)

Use restrictions

Prohibited: 'Nothing may or shall be done on the Properties that may be or may become a nuisance. No obnoxious, unpleasant, unsightly or offensive activity shall be carried on... that can be reasonably construed to constitute a nuisance, pu (Article VI, Section 1(s))

Voting & meetings

Each Member (Owner of a Parcel) has 1 vote per Voting Share assigned to that Parcel. Subassociations have 1 vote per Voting Share for their Parcels. Declarant has 2 times the total votes of all other Members until Turnover Date, then Declar (Article IV, Sections 2 and 3: 'Each Memb)

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