Pebble Creek Villas

Key facts from Pebble Creek Villas's documents

Reflects the 1996 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Neighborhood of single-family attached villas (part of Stoneybrook Golf & Country Club, which is part of Palmer Ranch) (PREMISES; Section 1.21)

Developer / declarant

U.S. Home Corporation, a Delaware corporation (Preamble)

Governing law

References to Florida Statutes (Chapter 682 for arbitration, Section 617.2102 for fines, Section 718.116 for foreclosure procedure) (Sections 9.6, 12.3, 4.7(C))

Assessments & dues

Developer guaranteed not to exceed $365 per year per Villa for operating expenses until December 31, 1996 (Section 4.3)

Special assessments

Allowed; for capital improvements or other expenditures not in annual assessments; for alterations costing >$10,000, requires majority Board and 2/3 of voting interests present and voting (Sections 4.1(B), 7.6)

Collections & liens

Association has lien for unpaid assessments; lien relates back to recording of Declaration; may be foreclosed as per Florida Condominium Act Section 718.116; institutional mortgagee acquiring through foreclosure liable only for assessments (Sections 4.5, 4.6, 4.7(C))

Reserves & fees

Developer guarantee does not include funding reserves for operating expenses, depreciation, capital expenditures or deferred maintenance (Section 4.3)

Pets

Yes, up to 2 small domesticated pets (e.g., cat or dog); also reasonable numbers of birds in cages and fish in aquaria (Section 11.14)

Leasing & rentals

Yes, with restrictions (Section 11.3)

Architectural approval

Prior written approval of Community Association (and Developer while in control) required for any building, structure, pool, alteration, grading, landscaping, change of exterior color, etc. (Section 5)

Home business

Prohibited except for incidental personal/professional use that does not change residential ambiance (Section 11.1)

Signs & flags

Only American Flag allowed on an approved flagpole; pole design and location must be approved by Community Association (Section 11.16)

Maintenance

Association (Section 7.2(B))

Insurance

Association must maintain liability insurance and casualty insurance (fire, extended coverage, vandalism, all risk) on Neighborhood Common Areas; also automobile liability and fidelity bond (Section 10.2)

Use restrictions

Each Villa occupied only by one family; no time-sharing, business, or commercial activity; incidental home office allowed (Section 11.1)

Voting & meetings

Each Owner (Member) has one vote in Association affairs (Section 6.1(A))

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