Find answers to your questions in the FAQ's below.
The community amendments can be found on this website under the “Documents” navigational menu. Hover over the “Documents” menu item to open the dropdown menu where “Amendments” will display. Hovering over “Amendments” will display a list of years that you can select to download a PDF version of the community amendment for that year, if one is available.
The community amendments can be found on this website under the “Documents” navigational menu. Hover over the “Documents” menu item to open the dropdown menu where “Governing Documents” will display. Hovering over “Governing Documents” will display a list of documents that you can select to download as a PDF version.
While some community documents can be found under the “Documents” navigational menu tab, other records such as board meeting minutes, and financial records can be found in your App Folio member portal. Login to your member profile and many of the available community records that are reserved for community members will be readily available.
The community rules can be found on the main navigational menu by hovering over “Community”, and by following this link.
If you cannot locate a document in this website or the App Folio Member Portal, please contact the Association through the Contact page. Include the name or description of the document you are looking for whenever possible.
The Owner or Owners of a single condominium unit shall collectively be entitled to I vote for that condominium unit. Please refer to Paragraph I I (c) of the Declaration of Covenants, page 14.
There are no restrictions on selling a unit; however, there are a number of use restrictions set forth in Paragraph 21, located on Pages 30-35 of the Declaration of Covenants.
Condominium units may lease for a period of no less than one (l) year; however, a short-term lease under one (l)year may be entered into upon application by a unit owner submitted to the Board for a leasing permit. The application must be submitted to the Board with a fee of $200.00. The application must be in strict accordance with the terms and all rules, regulations, and conditions prescribed by the Board set forth in Park Lake at Parson’s Rules and Regulations and are valid only as to a specific unit owner and unit and shall not be transferable between either unit owners or units. All Leasing Permits must be renewed on an annual basis at a cost of $200. Please See Paragraph 19, subparagraphs b and c, of the Declaration of Covenants and Amendments to Declaration of Covenants Paragraph 19, subparagraph b, i, ii and iii.
No condominium unit may be sold on a timeshare basis. There are no restrictions on the sale or transfers of a unit. Please refer to Paragraph 19(a), page 28 and Paragraph 20, page 29 Of the Declaration of Covenants.
The monthly assessments for each unit owner in the condominium is $_______ Assessments are due on the first day of each month or as established by the Board. Paragraph 14, page 17 Of the Declaration of Covenants.
No, you do not need to be a member in any other association.
Unit owners are not required to pay any rent or land use fees for recreational or other commonly used facilities.
The Condominium Association is not involved in any court cases in which the Association may face liability in excess of $100,000.00.
NOTE:
THE STATEMENTS CONTAINED HEREIN ARE ONLY SUMMARY IN NATURE. A PROSPECTIVE PURCHASER SHOULD REFER TO ALL REFERENCES AND EXHIBITS THERETO, THE SALES CONTRACT AND THE DECLARATION OF COVENANTS, BY LAWS AND ARTICLES OF INCORPORATION. PLEASE REFER TO www.parklakecoa.com FOR A COPY OF THESE DOCUMENTS.