Macgregor Pines Homeowners Associat

Key facts from Macgregor Pines Homeowners Associat's documents

Community type

Covenant / Planned Community

Legal name

MacGregor Pines Homeowners Association, Inc.

Developer / declarant

U.S. HOME CORPORATION, SARASOTA/MANATEE DIVISION

Governing law

Florida Statutes Chapter 617 (for nonprofit corporations) and Chapter 718 (condominium act referenced for foreclosure) (Sections 3.3, 4.7(C))

Assessments & dues

Based on annual budget adopted by Board; each lot gets equal share (numerator 1, denominator total lots) for annual and special assessments (Section 4.1, 4.3)

Special assessments

Allowed; total special assessments in a fiscal year cannot exceed 15% of total annual budget (including reserves) unless majority of voting interests consent (Bylaws Section 6.6 (page 39?) Actually f)

Collections & liens

Association has lien for unpaid assessments; can foreclose like condominium liens under Section 718.116; lien is subordinate to recorded institutional mortgages but superior to others; personal obligation of owner (Sections 4.5, 4.6, 4.7(C))

Reserves & fees

Not required but mentioned in context of special assessment cap (includes reserves) (Bylaws Section 6.6)

Pets

Reasonable number (undefined) (Section 9.14)

Leasing & rentals

Not prohibited; but lease must be written and copy provided 3 days before term; no subleasing; tenant must abide by rules (Section 9.3)

Parking & vehicles

No parking of vehicles without current license, trucks, boats, trailers, RVs, etc. outside garages; certain vehicles allowed (list of models); golf carts not permitted; no parking on unpaved areas or streets adjacent to lots; wrecked/inoper (Section 9.15)

Fences

No fence, wall, hedge, etc. except as originally installed by Developer or approved by Community Association (Section 9.10)

Home business

Prohibited except incidental home office activities (personal library, records, phone calls) (Section 9.1)

Signs & flags

Subject to Master Declaration and Community Association control; Board may remove unauthorized signs; does not apply to Declarant's sales signs (Section 9.6)

Use restrictions

No noxious or offensive activity; nothing that is a reasonable source of annoyance or nuisance (Section 9.4)

Voting & meetings

One vote per Lot; total votes equal number of Lots; vote of a lot not divisible; voting rights cannot be suspended (Section 3.5)

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