The Covenants & You
The Declaration of Covenants is a legal contract between the Association and the buyer that specifies certain rights, liabilities, and commitments governing the use and occupancy of the property. The Declaration of Covenants runs with the land, is conveyed to new owners at closing, and Florida law presumes that each owner and all subsequent owners of the property have knowledge of its provisions. Every homeowner should retain a copy of the Covenants applicable to their property.
All Homeowners should be familiar with the Magnolia Point Community Handbook which outlines and describes the Covenants and Associations standards for maintaining the physical condition and appearance of their property.
Inspections and Violations
Rules Enforcement Committee (REC) members conduct monthly surveys of community properties to visually inspect homeowner lots for covenant compliance and report observed violations. Noted violations result in an initial warning letter to the homeowner explaining the problem and stating a reasonable time for compliance.
Uncorrected covenant violations are addressed via a hearing conducted by a peer panel of homeowners. The panel's proceedings are authorized, required and directed by Florida statues. Failure to resolve violations could result in a fine of $100.00 per day for a maximum of 10 days.
The authority to implement the above guidelines is outlined in the Declaration of Covenants sections 1.18, 2.6, 3.1, and 3.23.
Revised 30 May 2019 / whn2