North 1st Townhomes

Key facts from North 1st Townhomes's documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Homeowners Association) (Declared as 'Homeowners' Association' an)

Legal name

North 1st Townhomes Homeowners Association, Inc. (Articles of Incorporation, Article I)

Units / lots

19 (each lot is a single-family townhome unit) (Same as total_lots)

Developer / declarant

OE KENWOOD, LLC, an Indiana limited liability company (Preamble)

Governing law

Chapter 720, Florida Statutes (Homeowners' Association Act) (Section 1.10; Article II of Articles)

Special assessments

May be levied in any assessment year to fund budget shortfalls, reconstruction, unexpected repair or replacement of capital improvements, or any other expenditure approved by the Board. (Section 4.4 of Declaration)

Collections & liens

Assessments, interest, costs, late fees, and attorney's fees are a continuing lien on the lot and may be foreclosed like a mortgage. Also personal obligation of owner. (Sections 4.9, 4.15 of Declaration)

Reserves & fees

Greater of $25.00 per installment or 5% of installment amount, unless higher allowed by Chapter 720. (Section 4.15 of Declaration)

Voting & meetings

One vote per lot; each lot entitled to one vote at any meeting of the Association, cast in manner set forth in Bylaws. (Section 3.2 of Declaration; Articles of )

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