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Managed by
MEB Real Estate Management, Inc.
6150 S.R. 70 East
Suite 202
Bradenton, FL 34203
941-756-1800

6039 Cypress Gardens Blvd.
Suite 313
Winter Haven, FL 33884
863-397-3090
,

Association Information

Is there a master association?No
Does the project operate as a resort hotel, renting units on a daily basis?No
Is there any part of the project used for commercial property?No
Is there a sales/lease application fee?$100.00 U.S. Citizens
$150.00 Out-Of-Country
Is an interview required?No
Does the association have the right to approve the buyer?Yes
Move-in/Move-out policy or fee?No
Time required for processing sales/lease applications?48 Hours-10 Days
Resale or lease application fee?$100.00 U.S. Citizens
$150.00 Out-Of-Country
Are there other rental restrictions?Maximum 6-Month rentals
What Fire District is this property in?Polk County Fire and EMS
Is there on-site staff?No
Is there a pet policy?2 Pets per home under 25Lbs
Pool and recreation area key?No

What is the minium/maximum # of Board Members?7

Legal Name of Association?ORANGE ACRES RANCH HOA, Inc.
Notice requirement:14 days in advance of the date of the meeting
Quorum Requirement:50% +1
Is the project a conversion of an existing building?No
Year control of the Association transferred from the developer to the owners?2007

Is there an Architectural review policy?Yes

Type of housing?Manufactured Homes
Are all units, common areas, and/or facilities complete?No
Total number of units in the project when completed?209
What facilities are included in the common areas?Clubhouse, Pool, Shuffleboard Court, Storage Area, Dog Park.
Does this project have recycling?No
Does the homeowner contact the trash vendor directly for service?Yes
Is there controlled access to the common areas?No

Is there notice requirement for the budget meeting?14 days in advance
Are there any pending or levied special assessments?No
Does the association have a reserve fund separate from the operating account?Yes
Does the project's budget provide for replacement reserve funds?Yes
Amount of individual association fees:$140.00 per month for Shareholders
$447.00 for Leased lots
When are the association fees due?Due on the 1st of each month.
When is a late fee assessed?After the 10th day of the month
Is there working capital required to be deposited by a buyer? Details:No
Is electronic payment available?Yes
When is the fiscal year end?Dec. 31

Is the Assocaition involved in any litigation?No
When was the last insurance appraisal completed?2007
Are the individual units covered by the project's master or blanket hazard insurance policy?No
Does the project require flood insurance coverage?No
Are there any adverse environmental factors affecting the project as a whole or as individual units?No
Do the project legal documents include any restrictions on sale, which would limit the free transferability of title (i.e. Age Restrictions, First Right of Refusals, other deed/income restrictions)?55+ community. All prospective residents must submit application for credit and background check.
Is the unit part of a legally established project in which common areas are owned jointly by unit owners?Yes
Are the units owned fee simple or lease hold?Lease Hold
If a unit is taken over in foreclosure or deed-in-lieu, is the mortgagee responsible for delinquent HOA dues?Yes
Does the individual unit owner own a parcel of land fee simple improved with a dwelling?No, A master proprietary 99 year lease is issued for each shareholder.
Do the unit owners have an automatic, non-severable, interest in the homeowner's association and pay mandatory assessments?Yes
Does the association contain 2-4 unit dwellings with a single title?No
The association recommends/requires owners to purchase an HO-6 insurance policy?No

Can the management company draw checks from the reserve accounts?No
Association Manager:Cameron Hemingway, LCAM
Contact phone:1-941-756-1800
Who is the registered agent?MEB Real Estate Management, Inc.
6150 S.R. 70 East
Suite 202
Bradenton, FL 34203
Who is the managing agent?MEB Real Estate Management, Inc.
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