Reagan Pointe

Key facts from Reagan Pointe's documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Association name and Florida not-for-pro)

Developer / declarant

CND-REAGAN, LLC, a Texas limited liability company (Opening paragraph and Article I(i))

Governing law

Florida Statutes Chapter 720 (Association Act) (Article III Section 3.3(d) referencing §)

Assessments & dues

Determined by Board budget; equal amount per Lot; paid semi-annually (Article VI Sections 6.3(d), 6.6)

Special assessments

Allowed for construction, repair, deficits, or any other purpose; requires majority of votes present at a meeting (per class) (Article VI Section 6.4(a))

Collections & liens

Delinquent assessments constitute a continuing lien on the Lot, prior to all except taxes and mortgages; foreclosure in same manner as mortgage (Article VI Section 6.1(a))

Reserves & fees

Property Reserve Account established for inspections, scheduled maintenance and unscheduled repair of subdivision infrastructure; also capital budget for replaceable assets (Article VI Sections 6.6 and 6.3(b))

Architectural approval

All site work, landscaping, structures, exterior changes require written ARB approval (Article VII Section 7.1)

Voting & meetings

Members holding more than 33-1/3% of total voting interests present in person or by proxy (Bylaws Article II Section 3 (approximate)

Amendments

Declarant may unilaterally amend to withdraw property (Section 2.2); no general amendment procedure provided in declaration (Article II Section 2.2)

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