Miramar Lagoons at Lakewood Ranch 3 Condominium

Key facts from Miramar Lagoons at Lakewood Ranch 3 Condominium's documents

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

Community type

condominium (Page 1 recitals)

Developer / declarant

Hoffman Three Properties, LLC (Page 1)

Governing law

Chapter 718, Florida Statutes (Condominium Act) (Preamble and Section 3L)

Assessments & dues

Developer guaranteed cap: $1,138.00 per quarter from Jan 1, 2009 to Dec 31, 2009; $1,194.90 per quarter from Jan 1, 2010 to Dec 31, 2010 (optional); $1,254.65 per quarter from Jan 1, 2011 to Dec 31, 2011 (optional) (Section 11.12)

Special assessments

Allowed for unusual, non-recurring, or unbudgeted Common Expenses (Section 11 (first paragraph))

Collections & liens

Yes, Association has lien and may foreclose (Section 11.8, 11.10)

Reserves & fees

Yes, Common Expenses include reasonable reserves for replacement (Definition of Common Expenses (Section 3)

Pets

Yes (Section 13.8)

Leasing & rentals

Yes, with Association approval (Section 14.1, 14.2)

Parking & vehicles

Only family-type non-commercial motor vehicles allowed in driveways or guest parking areas; on-street parking prohibited (Section 13.7)

Home business

Limited professional or business activities incidental to residential use allowed if not visible, audible, or odorous, and no significant traffic increase (Section 13.1(B))

Signs & flags

Prohibited except by Developer and as allowed by Board for name plaques and security signs (Section 13.5)

Use restrictions

Yes, Single Family Residential use (Section 13.1)

Voting & meetings

One vote per Unit; total 24 voting interests (Section 10.12)

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