Cypress Glen I

Key facts from Cypress Glen I's documents

Community type

Condominium

Legal name

Cypress Glen I, A Condominium

Developer / declarant

RFA of Southwest Florida, Inc.

Governing law

Florida Condominium Act, Chapter 718 (Section 2.3)

Assessments & dues

Board of Directors prepares budget at least annually, determines Assessments. (Section 13)

Special assessments

Not explicitly named; capital additions costing over $10,000 require majority approval. That is special assessment mechanism. (Section 9)

Collections & liens

Association has lien on each Condominium Parcel for unpaid Assessments, interest, attorney's fees. May foreclose like mortgage. (Section 14.2)

Reserves & fees

Developer may waive reserves for first two years (Section 14.3). Budget includes reserves if required by law. (Section 14.3, 13)

Pets

pets are permitted (Section 16.3)

Leasing & rentals

Leasing is permitted subject to approval and restrictions (Section 16.1 references approved lease or sublease) (Section 16.1)

Parking & vehicles

Each Unit shall have one assigned, uncovered parking space as shown on Exhibit 'A' (Section 4.6(c))

Fences

Fences around fenced yards are Common Elements; Association maintains. Unit Owner responsible for interior of fenced yard (Limited Common Element) maintenance. (Section 4.6(a), 8.2)

Architectural approval

Board approval required for additions, alterations, improvements to Common Elements, Unit, Limited Common Elements. Board has 30 days to respond. (Section 10.1)

Home business

Not explicitly addressed; residential use only implies no business (Section 16.1)

Signs & flags

Developer may erect signs for sales activity (Section 4.6(f)). No general restriction on owner signs mentioned; implied allowed only with approval? (Section 4.6(f))

Maintenance

Not explicitly stated; likely Common Element per Act.

Use restrictions

each Unit shall be used as a single family residence only (Section 16.1)

Voting & meetings

Each Unit entitled to one (1) vote, cast by Owner in accordance with By-Laws and Articles (Section 6.2)

Amendments

Declaration amendments require 66 2/3% vote of Board or Unit Owners (unless Developer amends). By-Laws amendments require two-thirds of voting interests present and voting with quorum. (Section 7.1, 7.2, 7.3; By-Laws Art. 11)

Amenities

Pool and spa area mentioned in pet restrictions; recreation areas. No detailed description. (Section 16.3)

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