Ownership in Palma Sola Trace

All villa owners are required to be members of the Master HOA


  • What guidelines have been established by the Master Association with regards to ownership in Palma Sola Trace?

    ARTICLE  X

    OWNERSHIP IN PALMA SOLA TRACE

    Section 1.        Master  Declaration.    By taking title to a Lot, each Owner  also becomes subject  to  the  terms  and  conditions  of  the  Master  Declaration  for  the  Master  Association. Among  other  things,  that  document  provides  that  an  Owner  shall  become  a member  of  the Master Association;  shall  acquire  certain  property  rights  to common  areas  within  Palma Sola Trace; and shall become subject to the assessments of the Master Association.

    Section 2.        Membership in Master Association.  In accordance with the provisions of the Articles  of  Incorporation  of  the Master  Association,  all  Owners  shall  be members  in the Master Association.

    Section 3.        Notice to the Master Association.     Copies  of  all  amendments  to  this Declaration,  the Articles  of  Incorporation  and Bylaws  of  the  Association,  shall  be promptly forwarded to the Master Association.

    Section 4.        Priority of the Master Association.     The  rules   and  regulations   and assessment and lien rights of the Master Association shall control and take precedence over this Declaration  and  the  assessment   and  lien  rights  of  the  Association.     In  the  event  of  any inconsistency or conflict between the terms and provisions of the Master Declaration and related documents  of the Master  Association  (collectively,  the "Master  Association  Documents"),  and the Declaration, the Articles of Incorporation and the Bylaws ofthe Association (collectively, the "Neighborhood  Documents"), the Master Association shall control.  This Declaration  is and shall remain subject and subordinate  to the Master Declaration.

    In order to ensure compliance  with the community-wide maintenance  standards promulgated by the Master Association  from time to time, the Master Association  shall have the following rights and powers with respect to the Association.  The Master Association shall have the right and power, but not the obligation, to enforce all rules and regulations  promulgated by the Association, together with the terms and provisions of the Neighborhood  Documents.

    Section 5.        Dispute  Resolution.     The  Master  Association   may,  but  shall  not  be obligated to, exercise jurisdiction  over and act as arbiter with respect to any dispute between the Association and any other Neighborhood within Palma Sola Trace, as defined in the Master Declaration.



    PALMA SOLA TRACE COMMUNITY DEVELOPMENT DISTRICT

    Bryan Radcliff - District Manager
    Agent's Custodian of Public Records - Primary Contact
    bradcliff@rizzetta.com

    Rizzetta & Company, Inc.
    9428 Camden Field Parkway
    Riverview, FL 33578

    PH: (813) 533-2950
    FAX: (813) 533-2922

    Section 6.        Required Disclosure.    Each contract  for the initial  sale of  a Lot  and/or home within the Property shall include, immediately prior to the space reserved in the contract for  the  signature   of  the  purchaser,   the  following   disclosure   statement   in  boldfaced  and conspicuous type which is larger than the type in the remaining text of the contract:

    THE  CDD MAY  IMPOSE  AND  LEVY  TAXES,  OR  ASSESSMENTS,  OR BOTH TAXES AND ASSESSMENTS ON THIS PROPERTY.   THESE TAXES AND ASSESSMENTS PAY FOR THE CONSTRUCTION, OPERATION AND MAINTENANCE  COSTS  OF  CERTAIN  PUBLIC  FACILITIES  AND SERVICES OF THE DISTRICT AND ARE SET ANNUALLY  BY THE GOVERNING  BOARD  OF  THE DISTRICT.      THESE  TAXES  AND ASESSMENTS ARE IN ADDITION TO THE COUNTY AND OTHER LOCAL GOVERNMENTAL TAXES  AND  ASSESSMENTS  AND  ALL  OTHER TAXES AND ASSESSMENTS PROVIDED FOR BYLAW.

  • What is the Intent of the Master Association Declaration?

    ARTICLE 2. INTENT OF DECLARATION

    Declarant  desires  to  provide  for  the  preservation  and  enhancement   of  the  value, desirability  and  attractiveness   of  the  Property  and,  therefore,   Declarant  intends,  by  this Declaration, to impose upon the Property mutually beneficial covenants, conditions, restrictions and easements under a general plan of improvement for the benefit of all Owners within the Property. Declarant desires to provide flexible and reasonable procedures for the overall development of the Property, and to establish a method for the administration, maintenance, preservation, use and enjoyment of the Property, and maintenance  of property  dedicated to, owned by, or which is the maintenance responsibility of, the Association.

Master HOA Website
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