Sierra Grande

Key facts from Sierra Grande's documents

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

Governing law

Florida Statute Chapter 718 (Condominium Act) (Section 5.9(d), Section 11.2)

Special assessments

Permitted for unexpected construction, reconstruction, repairs, shortfalls, damage caused by owners, violations; requires Board resolution (Sections 5.4, 5.5, 5.6)

Reserves & fees

Reserve fund mentioned; upon dissolution, reserves distributed proportionately (Section 5.7 (end of paragraph))

Pets

Yes, not more than two pets per unit including birds, fish, cats, dogs; no commercial raising; leashing required for cats/dogs; owner must clean up (Section 8.8)

Leasing & rentals

Implicitly permitted; owners may delegate use to tenants, guests (Section 2.2)

Parking & vehicles

Not permitted to be parked or stored on property except in enclosed garages (Section 8.16)

Signs & flags

No signs visible to public without Board consent; exception for Developer's sales signs (Section 8.1)

Amendments

By 2/3 vote of Class A membership plus Class B vote; or unilaterally by Class B if no material adverse effect on Owners or First Mortgagees; Developer may also amend before Turnover to remove properties or alter Common Property boundaries (Sections 13.5, 13.10)

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