Legend Lakes Homeowners Assn Of

Key facts from Legend Lakes Homeowners Assn Of's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned development of single-family residential lots with common areas (Article I, definitions of Lot, Common Ar)

Legal name

Legend Lakes Homeowners Association of Vero Beach, Inc. (Article I(b) – Definitions)

Units / lots

Not explicitly stated in document; only described as 'Legend Lakes, P.D., Phase I' with platted lots. (Article I(n) – Project definition refere)

Governing law

Not a condominium association; not affected by Chapter 718, Florida Statutes (Page 1, third paragraph)

Collections & liens

Unpaid assessments become a continuing lien on the Lot. Association may foreclose like a mortgage; may also bring personal action. Attorneys' fees and costs added. (Article V, Section 9)

Reserves & fees

Portion of General Assessments held as reserves for future expenses; Special Assessments for capital improvements held in trust for owners. (Article V, Section 5 – Trust Funds)

Voting & meetings

One vote per Lot. Co-owners may designate one voter. Declarant controls majority of votes during stated period (until May 1, 2010 or when Declarant ceases to own property, whichever first). (Article III, Sections 1-4)

Amendments

Not fully detailed in extracted text; Article XI, Section 5 mentions amendment but content is missing. Article II states it cannot be amended without Declarant's written consent while Declarant owns any portion. (Article XI, Section 5 (partial) and Arti)

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