Park Lane Estates of Vero Homeowners Association, Inc.

Key facts from Park Lane Estates of Vero Homeowners Association, Inc.'s documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

PARK LANE ESTATES OF VERO HOMEOWNERS ASSOCIATION, INC.

Developer / declarant

JOYAL ENTERPRISES, INC.

Assessments & dues

Not fixed; established annually by Board based on budget. (Article V Section 2)

Reserves & fees

Interest at highest rate allowable by law from due date on unpaid assessments after 30 days. (Article V Section 9)

Pets

Yes, common traditional house pets. No animals for commercial purposes, no unreasonable nuisance, subject to Board rules. (Article XIII Section 5)

Leasing & rentals

Yes, all leases must be in writing and subject to this Declaration. Minimum lease term of six months. (Article XIII Section 27)

Architectural approval

Yes, for any building, fence, wall, other structure; any exterior addition/change including paint color. Plans and specifications must be submitted to Board or architectural control committee appointed by Board. (Article IX Section 1)

Signs & flags

One professional sign of not more than four square feet advertising lot/home for sale or rent. Developer may place signs of any size during construction and sales period. (Article XIII Section 30)

Setbacks / home size

1,800 sq ft floor area for one-story; for two-story: min 1,200 sq ft ground floor area and min 1,800 sq ft total living area. Excludes open/ screen porches, patios, garages. (Article XIII Section 24)

Insurance

Casualty insurance on Common Open Space improvements and Association personal property at 100% replacement cost. Comprehensive general liability with $1,000,000 combined single limit for bodily injury/death/property damage. Worker's compens (Article XIV Section 2)

Voting & meetings

Two classes: Class A (owners except Developer) – one vote per lot; Class B (Developer) – nine votes per lot. Class B ceases upon 90% lot transfer, other governmental conversion, or voluntary relinquishment. (Article III Sections 1-2)

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