Lake Wilson Preserve Home Owners Association

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Frequently Asked Questions
We have compiled a list of some Frequently Asked Questions below.

 



Q: What is a Home Owner's Association?

A: A Home Owners Association is a non-profit corporation registered with the State of Florida and managed by a duly elected Board of Directors. Its purpose is to govern the community in accordance with the provisions of the legal documents: Restrictive Covenants, By-Laws, Rules and Regulations and Articles of Incorporation. The legal governing documents and contracts for the Lake Wilson Preserve Home Owners Association may be viewed in the Home owner section of this website. The corporation is financially supported by all members of the Home Owners Association. Membership is both automatic and mandatory.

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Q: What is the Board of Directors?

A: The HOA Board of Directors is elected to govern the community. The Board of Directors is elected by the members, or as otherwise specified in the By-Laws and Florida Statutes. Please see the What to Expect page for more information.

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Q:What are the Restrictive Covenants?

A: The Restrictive Covenants, are the governing legal documents that set up the guidelines for the operation of the community as a non-profit corporation. The Restrictive Covenants and Rules and Regulations are recorded by Polk County and are included in the title to your property. Failure to abide by the Restrictive Covenants and/or Rules and Regulations may result in a fine to a home owner by the Home Owners Association. Please see the Rules and Regulations page for a list of some of the Restrictive Covenants and most of the Rules and Regulations.

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Q: What is the ARB?

A: The ARB (Architectual Review Board) is a volunteer committee put in place to ensure the architectural guidelines are met with procedures for submitting requests to make any exterior changes to your home. Such changes may include landscaping, exterior color changes or other changes, additions or removals. The ARB rules and guidelines are set up to maintain the aesthetic value and integrity of the community on behalf of all owners, and to protect the market value of your investment. Violations of these rules may result in action by the Board of Directors and ARB, which may include a fine being assessed. In addition, if you proceed with an exterior change, addtion or removal without written approval of the Architectural Review Board, as applicable, you will be required to remove or correct the violation and/or be fined for the violation. Please see the ARB page for more information.

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Q: Are there any other rules?

A: Yes, there are many of them! There are rules and regulations provided for in the Restrictive Covenants, as well as, Rules and Regulations adopted by the Board of Directors. These Rules and Regulations are established to provide direction to the home owners for common courtesies with regard to parking, vehicles, pets, noise, property condition, etc. Please see the Rules and Regulations page for a list of some of the Rules and Regulations as they relate to the Restrictive Covenants.

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Q: What are HOA Assessment/Fees?

A:The HOA Assessment/Fee is the periodic amount due from each home owner to cover the operating expenses of the common area services provided to all home owners, and to provide for emergency funds for replacement of common property in future years. These costs include the landscapers, pool services, basic cable TV service, irrigation of the common areas, street lighting, security monitoring and maintenance, etc. Please refer to the What to Expect page for more information. Your assessments are due on 1st January, 1st April, 1st July and 1st October each year.

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Q: What happens if I do not pay my HOA Assessment/Fees?

A:The maintenance and management of Lake Wilson Preserve by the HOA is dependent upon timely receipt of the Assessments/Fees due from each home owner. Assessments are due on the 1st of the month each quarter. Please refer to the What to Expect page for more information.

Article V, Section 8 (e) of the Restrictive Covenants of Lake Wilson Preserve states that the lien shall not be affected by the sale or transfer of any lot. The NEW OWNER AND THE PRIOR OWNER SHALL BE JOINTLY AND SEVERALLY LIABLE FOR ALL UNPAID HOA ASSESSMENTS/FEES, INTEREST, LEGAL FEES, ETC.

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Q: Can I see copies of contracts entered into by the Home Owners Association?

A: The legal documents and contracts for the Lake Wilson Preserve Home Owners Association may be viewed online in the Home owner section of this website. You will need your username and password to enter the Home owner section. Please contact the HOA for more information. Please refer to the What to Expect page for more information.

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Q: Who do I contact to get an estoppel letter?

A:Please go to the HOME page of this website and contact the Legal Dept directly to have an estoppel issued. There is a $750 Original Assessment/Fee to be paid at the time of cloisng on the property.

 

Article V, Section 8 (e) of the Restrictive Covenants of Lake Wilson Preserve states that the lien shall not be affected by the sale or transfer of any lot. The NEW OWNER AND THE PRIOR OWNER SHALL BE JOINTLY AND SEVERALLY LIABLE FOR ALL UNPAID HOA ASSESSMENTS/FEES, INTEREST, LEGAL FEES, ETC.

 

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