Tarpon Cove Community Association, Inc.

Key facts from Tarpon Cove Community Association, Inc.'s documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Section 1.3 (Association definition))

Legal name

Tarpon Cove Community Association, Inc.

Units / lots

365 voting interests (total number of residential Lots and Units) (Section 1.27)

Governing law

Chapter 617 (Florida Corporation Not for Profit Statute) and Chapter 720 (Florida Homeowner Association Statute) (Section 2.8)

Assessments & dues

Annual assessments based on annual budget adopted by Board of Directors; each owner pays 1/365 of annual assessment (Sections 3.1(A), 3.3)

Special assessments

Special assessments for capital improvements or other expenditures not provided for by annual assessments; pro rata share per owner (Section 3.1(B))

Collections & liens

Association has lien on each Lot/Unit for unpaid assessments; may foreclose like a mortgage; lien subordinate to institutional first mortgage but superior to other mortgages (Sections 3.6, 3.7, 3.8)

Reserves & fees

Resale capital contribution: 25% of current year's annual assessment, paid by purchaser at closing (Section 3.5)

Pets

Yes, dogs and cats allowed (up to 2 total), plus birds and fish in reasonable numbers (Section 8.3)

Leasing & rentals

Yes, with restrictions (Section 8.16)

Parking & vehicles

No parking on Tarpon Cove Drive; no parking on lawns or unpaved areas; Neighborhood Associations may add restrictions (Sections 4.4, 8.8)

Fences

Fences require ARB approval (included in improvements requiring approval) (Sections 6.1, 6.3(B))

Architectural approval

No building, structure, enclosure, improvement, grading, excavation, landscaping, change of exterior color, or other work altering exterior appearance without written approval of Architectural Review Board (ARB) (Section 6.1)

Home business

No business or commercial activity in or from any home; 'no impact' home-based business permitted; prohibited examples include home day care, beauty salon/barber, animal breeding (Section 8.1)

Signs & flags

No signs except one temporary 'For Sale', 'For Rent', 'Open House' or similar with prior Board approval; security/alarm signs per Chapter 720; Board may allow other signs; unapproved signs may be removed without notice (Section 8.5)

Maintenance

Owner responsibility (structure and structural components, including roofs) (Section 5.2(A))

Insurance

Association shall maintain property insurance covering all Common Areas and Association property, and general liability insurance; amounts determined annually by Board (Section 9.1)

Use restrictions

Each home shall be used as a home and for no other purpose (Section 8.1)

Voting & meetings

Voting rights set forth in the Bylaws (Section 2.3)

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