The Perdido Bay Villas Homeowners Association, Inc.

Key facts from The Perdido Bay Villas Homeowners Association, Inc.'s documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Homeowners Association) (Preamble (Association name); Article I(a)

Governing law

Chapter 720, Part III, Florida Statutes; also Chapter 617, Florida Statutes (Preamble; Article I (reference to Chapte)

Collections & liens

Assessments are a continuing lien on each Living Unit and Lot. Association may bring action to foreclose the lien. Lien subordinate to first mortgage per Section 720.3085, Florida Statutes. (Article V, Section 1; Article VII, Secti)

Reserves & fees

Budget may include reserve accounts for capital expenditures and deferred maintenance. (Article V, Section 2)

Pets

Only dogs, cats, and birds as personal pets. No livestock, animals, chickens, or fowl. (Article III, Section 7)

Insurance

Deductible permitted if cannot obtain coverage without; deductible aggregate assessed to all units. Special deductible provisions: if loss emanates from a unit, that unit owner bears entire deductible; if not determinable, all owners share (Article VI, Section 1(a); Article VI, Se)

Use restrictions

All lots used and occupied as single family dwelling sites. No trade, business, manufacture or public amusement. (Article III, Sections 1 and 8)

Voting & meetings

One vote per lot. If multiple owners, they determine how the vote is cast. Only one vote per lot. (Article II, Section 2)

Amendments

By written instrument executed by a majority of the record owners in fee simple of the lots. (Article X, Section 5)

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