Springs of Suntree Property Owners Assoc Inc

Key facts from Springs of Suntree Property Owners Assoc Inc's documents

Reflects the 1981 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Property Owners Association) (Declaration, Article I(a): "Association")

Legal name

The Springs of Suntree Property Owners Association, Inc. (f/k/a Holiday Springs at Suntree Property Owners' Association, Inc.) (Notice of Preservation: "The Springs of )

Governing law

Chapter 712, Florida Statutes (Marketable Record Titles Act) (Notice of Preservation, page 1: "pursuan)

Assessments & dues

Board of Directors sets the amount at least 30 days in advance, considering current maintenance costs and future needs. Before turnover, Developer pays difference between collections and actual costs. After turnover, increase limited to 10% (Declaration, Article V, Sections 4 and 8)

Special assessments

Allowed for capital improvements with assent of two-thirds of votes of each class at a meeting with 30 days notice. (Declaration, Article V, Section 5)

Collections & liens

Association may record a lien against the Lot and enforce it through foreclosure like a mortgage; Lot Owner liable for personal obligation as well. (Declaration, Article V, Section 9)

Reserves & fees

Budget includes a reserve for capital and general improvements (estimated $22,000 annually in first year budget). (Schedule C (first year budget line: "Res)

Pets

No animals, livestock, or poultry of any kind raised, bred, or kept on any lot except dogs, cats, or other domestic pets not kept for any commercial purpose. (Declaration, Article IX, Section 6)

Signs & flags

No sign of any kind displayed to public view on any single-family residence lot, except signs permitted by Brevard County or developer signs during construction/sales period. (Declaration, Article IX, Section 5)

Use restrictions

Lots are designated as family residence lots. The text states: "the lots in this subdivision are designated as family residence lots to contain mobile homes and no principal building shall be constructed or installed on any single-family re (Declaration, Article IX, Section 1 (OR B)

Voting & meetings

Class A Members (owners other than Developer) have one vote per Lot owned; Class B (Developer) has three votes per Lot owned until Developer ceases to own any Lot. (Declaration, Article III, Section 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.