Vistera Neighborhood Association, Inc.

Key facts from Vistera Neighborhood Association, Inc.'s documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned community of both residential and commercial uses; not a condominium (Recitals and Section 1.01-1.28)

Developer / declarant

VISTERA ASSOCIATES, LLC, a Florida limited liability company, with mailing address 5800 Lakewood Ranch Blvd, Sarasota, Florida 34240 (Opening paragraph)

Governing law

Not explicitly stated; references Florida Statutes Section 718.01 (Condominium Act) to exclude, and Chapter 190 (Community Development Districts) (Recitals and Section 1.11)

Assessments & dues

Not fixed; determined annually by the Board (Section 5.03)

Special assessments

Permitted for supplementation, compliance, improvements (requires 60% vote after Turnover), services, fines (Section 5.05)

Collections & liens

Continuing lien on Lot; Association may record Notice of Lien and foreclose; personal obligation of Owner and successors (Sections 5.01, 5.15)

Reserves & fees

Not initially established; notice given that budget does not provide for fully funded reserves; owners may elect after Turnover by majority vote; reserve use for capital expenditures and deferred maintenance (Section 5.10)

Leasing & rentals

Only the entire Lot may be rented; no renting of a portion of a residence (Section 2.03)

Architectural approval

Yes, Architectural Review Committee approval required for improvements or alterations (Section 1.01, 1.02, Article 9 (reference)

Home business

Prohibited (residential use only) (Section 2.03)

Signs & flags

Only entryway signs and identification by Declarant mentioned; no specific prohibition on other signs (Section 2.04)

Maintenance

Owner (included in 'exterior building surfaces') (Section 7.02)

Insurance

Owner must maintain casualty insurance sufficient to rebuild; must provide info upon request (Section 8.02)

Use restrictions

Lots shall be developed and used solely for residential use; no business, commercial, religious, charitable. Exception for Declarant and Authorized Builders for sales and promotional purposes. (Section 2.03)

Voting & meetings

Regular Members: one vote per Lot. Declarant Members: three times the total votes of Regular Members plus one additional vote, regardless of Lot ownership. (Section 3.02)

Amenities

Common Property may include pool, pool house, gathering area, tot lot/playground, boardwalk, lakes, etc. (from warning text) (Section 4.06(c))

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