Tropic Villas North Homeowners Association, Inc.

Key facts from Tropic Villas North Homeowners Association, Inc.'s documents

Reflects the 1979 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (By-Laws Article I: 'TROPIC VILLAS NORTH )

Legal name

TROPIC VILLAS NORTH HOMEOWNERS ASSOCIATION, INC.

Units / lots

116 (Declaration: 'twenty-nine (29) buildings)

Special assessments

Yes, for emergencies that cannot be paid from annual assessments. Requires notice to homeowners and approval in writing by more than 1/2 of votes of concerned homeowners. Due after 30 days' notice. (By-Laws Article VI C (paragraph on 'Asse)

Collections & liens

Lien for party wall repair costs if owner refuses to pay. Association may have lien rights? Not specified in by-laws; only party wall lien mentioned in Declaration. (Declaration paragraph 2: 'shall be entit)

Reserves & fees

Yes: Reserve for deferred maintenance; Reserve for replacement. (By-Laws Article VI A 2, 3)

Voting & meetings

One vote per Villa owned; if multiple owners, one designated by certificate; if corporation, designated by officer certificate (By-Laws Article II E 1-3)

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