The Lakes at Waterway Village Homeowners Association, Inc.

Key facts from The Lakes at Waterway Village Homeowners Association, Inc.'s documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (HOA) (Document title: "Homeowners Association,)

Units / lots

743 (may develop fewer or more) (BK: 2907 PG: 674: "seven hundred and for)

Governing law

Chapter 720, Florida Statutes (2015) (the "Act") (Section 1: "definitions set forth in Cha)

Assessments & dues

Board adopts annual budget; Owner pays pro rata share (Section 4.1(A); Section 4.2)

Special assessments

Allowed for expenditures not provided for by annual Assessments (Section 4.1(B): "the Parcel’s pro rata s)

Collections & liens

Continuing lien on Parcel; may be perfected by recording Claim of Lien; superior to homestead rights; subordinate to first mortgages unless recorded prior; can be foreclosed (Sections 4.4, 4.5, 4.6(C))

Reserves & fees

Greater of $25.00 or 5% of each installment (Section 4.6(A): "to impose a late fee no)

Pets

Presumably allowed; Section 9.6 titled "Pets and Animals" (Section 9.6)

Leasing & rentals

Yes, with procedures in Section 12.4 (Section 12.4 "Leasing")

Fences

Subject to Architectural Review; Section 9.15 "Walls, Fences, Window Coverings and Hurricane Shutters" (Section 9.15)

Architectural approval

Written approval of Architectural Reviewer required for any alterations, additions, or exterior changes (Section 5.1: "no Owner shall make or per)

Signs & flags

Subject to regulation (Section 9.2 "Signs")

Maintenance

Owner liable for damage caused by condition in Unit (negligence) (Section 7.5: "Negligence: Damage Caused )

Use restrictions

Units restricted to use as Single Family Residence (Section 9.1 "Residential Purposes")

Amendments

Section 14 provides procedures (vote required, recording); Developer can amend unilaterally in certain cases (Section 14.6) (Sections 14.2-14.6)

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