Prestwick Place

Key facts from Prestwick Place's documents

Reflects the 1998 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Single-family residential subdivision within a master planned resort (Sandestin Beach Resort) (Recitals A, B)

Assessments & dues

Board of Directors by majority vote sets Annual General Assessment based on budget; divided equally among Parcels (Section 6.1, 6.8(c))

Special assessments

Special General Assessment requires consent of Owners holding two-thirds of votes (excluding Declarant) at a meeting; Emergency Assessment by majority Board vote (Section 6.2(a), (b))

Collections & liens

All Assessments are a continuing lien on each Parcel; Association may foreclose lien; lien subordinate to institutional mortgages; personal obligation of owner (Section 6.6(b)-(d))

Reserves & fees

Association may maintain reserves for working capital, contingencies, replacements; collected as part of Annual General Assessment (Section 6.8(d))

Pets

Yes, if not a nuisance (Section 8.1(g))

Leasing & rentals

Yes, owners may lease Residences on terms they determine, but no commercial or time-share uses; tenants must comply with Declaration (Section 8.1(y))

Parking & vehicles

Not explicitly allowed or prohibited; subject to Association rules (Section 8.1(i))

Fences

Construction of walls or fences requires ARB approval; no fence adjacent to golf course may obstruct play or retrieval of golf balls (Section 7.1(b), 8.1(k) (visibility), 7.4)

Architectural approval

Yes, ARB (Sandestin Architectural Review Board) approval required for any construction, modification, alteration (except interior not affecting exterior) (Section 7.1(a))

Home business

Not allowed (no commercial purpose) (Section 8.1(b))

Setbacks / home size

Ancillary structures subject to same setback lines as the Residence; specific distances not given (Section 8.1(v))

Maintenance

Owner responsible for repair/replacement of roofing (Section 5.3(a)); Association may contract for periodic re-roofing to assure uniformity (Section 5.3(b)) (Sections 5.3(a), 5.3(b))

Insurance

Board shall obtain liability insurance on Common Roads; may obtain casualty insurance (fire with extended coverage, vandalism, windstorm) on Common Property improvements; public liability insurance (Section 9.1(a))

Use restrictions

Each Parcel used exclusively for single family residential purposes; no commercial purpose; no time-share without Declarant's approval (Section 8.1(b))

Voting & meetings

Class A (owners): one vote per Parcel; Class B (Declarant): three votes per Parcel owned until conversion to Class A (Section 2.2)

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