Fountains at Sandestin

Key facts from Fountains at Sandestin's documents

Community type

Covenant / Planned Community

Legal name

Fountains at Sandestin Homeowners Association, Inc. (Article I(d))

Developer / declarant

232, Inc., a Florida corporation (Preamble)

Governing law

Laws of the State of Florida (Article X, Section 14)

Assessments & dues

Board by majority vote sets annual General Assessment sufficient to meet obligations (Article VII, Section 1(a))

Collections & liens

Assessment Charge is a continuing lien on the Parcel; may be foreclosed like a mortgage (Article VII, Section 6(c)-(d))

Reserves & fees

Board shall build up and maintain reserves for working capital, contingencies, and replacement (Article VII, Section 8(d))

Leasing & rentals

Leasing is not considered time-share ownership, therefore permitted (Article IX, Section 1(b))

Architectural approval

No construction, modification, alteration, or improvement without written approval from ARB and Association committee (Article VIII, Section 1)

Maintenance

Owner responsible for maintenance and replacement; Board may contract for replacement if 1/3 roofs need replacement (Article VI, Section 4)

Use restrictions

All Parcels shall be used exclusively for residential purposes (Article IX, Section 1(b))

Voting & meetings

Two classes: Class A (one vote per Parcel), Class B (Declarant, three votes per Parcel) (Article III, Section 2)

Amendments

By instrument signed by owners holding 75% of total voting power; requires Declarant consent while Declarant owns unsold Parcels; Declarant may unilaterally amend for certain purposes (Article X, Section 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.