Q: What are my voting rights in the Cooperative Association?
A: One (1) vote per share (Household)
Q: What restrictions exist in the Cooperative documents* on my right to use the unit?
A: At least one adult fifty-five (55) years or older in residence.
Q: What restrictions exist in the Cooperative documents* on leasing my unit?
A: One person fifty-five (55) or older…No one under 18 years of age and a minimum of three (3) month rental.
Q: How much are my assessments (Maintenance Fees) to the Cooperative Association and when are they due?
A: $677.00 (Four hundred and seventy three dollars per month). Due on the 1st of every month. Late fee after the 10th of the month is $25.00.
Q: Do I have to be a member in any other Association? If so, what is the name of the Association and what are my voting rights in this Association? Also, how much are my assessments?
Q: Is the Cooperative Association, or other mandatory membership association, involved in any court cases in which it my face liability in excess of $100,000.00? If so, identify each case.
*Note: The statements contained herein are only summary in nature. A prospective purchaser should refer to all references, exhibits hereto, the sales contract, and the cooperative documents.
More FAQ’s:
- The speed limit in the park is 15 mph.
- Stop signs must be observed by cars and golf carts.
- Motorcycles are prohibited (mopeds and scooters up to 50cc are allowed).
- Use of skateboards, children’s scooters or roller scooters, or roller skates/blades is prohibited.
- Guests under 18 years of age may visit with a resident 55 or older for up to 30 days.
- Members, renters and guest must wear badges when using any recreational facility.
- Members are responsible for the appearance of planters and lawns.
- No storage is permitted on outside or under homes.
- Garbage must be placed in plastic bags on your pickup days. Recycling must be placed in clear plastic bags on your pickup days. See recycling instructions in Documents under services.
- Pets on in areas defined as “Pet Sections”. Only one pet – weight limit 20 pounds per home.
- Feeding of ducks, cats, rabbits or other stray animals is prohibited.
- Golf carts and licensed mopeds shall not be operated by anyone under 16 years of age (even if accompanied by an adult).
- No overnight parking on streets.
- Vehicles shall not be parked on lawns.
- Please obey all posted Rules when using any recreation facility (i.e., tennis courts, golf course, shuffleboard courts, swimming pool, etc.).
- Water on your scheduled day and hours only. See schedule in Documents, under Services folder.
- Any outside alterations such as patio, driveway widening, paint color, etc. must be approved by Management through an Exterior Work Permit. Fill out form in front office.