Venetia Neighborhood Association Number One, Inc.

Key facts from Venetia Neighborhood Association Number One, Inc.'s documents

Reflects the 1998 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Neighborhood Association Number One within Venetia community, governed by Master Declaration (Background C, D, E; Article I)

Developer / declarant

Venetian Development, Inc., a Florida corporation (Opening paragraph)

Assessments & dues

Not fixed; Annual Club Dues and Neighborhood Assessments set by budget each year (Article XI, Sections 2, 3)

Special assessments

May be levied by Board for unanticipated costs; if exceeds 20% of Annual Club Dues, requires majority vote of Members and (before Turnover) Developer written consent (Article XI, Section 4)

Collections & liens

Unpaid Assessments become automatic lien on Lot/Unit, superior to all but taxes and first mortgages; foreclosure allowed after 15 days notice; lien subordinate to first mortgages (Article XI, Sections 1, 6, 8)

Reserves & fees

Board may, but is not obligated to, establish reserve fund for capital repairs/replacements; Developer and Merchant Builders have no obligation to pay into reserve if established (Article XI, Section 7)

Pets

Yes, dogs, cats or other usual and common household pets not to exceed a reasonable number determined by Board (Article XIV, Section 4)

Leasing & rentals

Not explicitly addressed; ownership rights may be delegated to lessee for use of Club Facilities, implying leasing permitted subject to Rules and Regulations (Article III, paragraph 1 (right to deleg)

Parking & vehicles

Commercial vehicles, vehicles with commercial writing or commercial equipment visible, tractors, etc. shall be parked only in enclosed garages; exception for temporary service/delivery vehicles, and vehicles providing service to Master or N (Article XIV, Section 2(b), (c))

Fences

Not specifically addressed; likely subject to ARC approval as improvement

Architectural approval

Yes, for any improvement including staking, clearing, excavation, grading, new structures, pools, driveways, exterior alterations, planting or removal of plants, trees or shrubs (Article XIII, Section 1)

Home business

Not specifically addressed; general residential use restricts commercial activities except as permitted by Developer

Signs & flags

Not specifically addressed; signs, flags, banners for activities outside Properties prohibited without express written consent of Board (Article XIV, Section 1 (mention of flags)

Setbacks / home size

Ground floor living area not less than 1300 square feet, exclusive of garages or un-airconditioned areas (Article XIII, Section 3(c))

Maintenance

Not explicitly allocated; Owner maintains Lot/Unit structures including roof? (Article V, Section 2 (Owner maintains al)

Insurance

Neighborhood Association shall obtain blanket all-risk casualty insurance (or fire and extended coverage if not reasonably available) for insurable improvements on Common Property, including Club Facilities; public liability policy with com (Article VI, Section 1)

Use restrictions

Neighborhood shall be used only for single family residential, recreational, and related purposes permitted by law (including manager office, sales office, commercial purposes desired by Developer) (Article XIV, introductory paragraph)

Voting & meetings

Class A members (owners, other than Developer) have 1 vote per Lot; Class B member (Developer) has 10 votes per Lot owned until Turnover Date (Article IV, Section 2)

Amendments

Prior to Turnover, Developer may amend unilaterally (Article IX, Section 4); Article XIII (Architectural) cannot be amended without Developer's consent while Developer owns land; other amendments likely require Membership vote per Master De (Article IX, Section 4; Article XIII, Sec)

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