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Storybook Estates Deed Restrictions are designed to make our community a pleasant place to live and to keep our home values at the top of the values in Hernando County.  The H.O.A. will gladly work with each individual lot owner to do everything possible to meet his or her needs.  The H.O.A. is part of the Storybook Estates Home Owners Association, corp. a not for profit corporation.

Here are some highlights:

Yard:
1.  Will be maintained at all times; i.e. cut grass and edged weekly or more and keep trees and
     bushes trimmed.

2.  The portion of the side walk and right away between the sidewalk and the curb will be maintained
      by the home owner.

3.  Flora-tam sod will be required unless another type grass is approved Developer.

4.  All front yards must have at least one third of the yard shaded by shade trees such as Live Oaks, etc.

5.  Aside from typical pets such as; dogs, cats, and rabbits animals who live outside must be kept
     in or behind the house. 

6.  All vehicles must be parked in a garage, i.e. cars, trucks, boats, ski-dos, trailers, work vehicles,
     motorcycles, bikes, ect.

7.  All fences must be approved by the H.O.A.

Home:
1.  3,000* Square Feet (S.F.) is required as under roof air-conditioned living space.  *A lesser amount may be allowed with permission from developer.

2.  Home design must based on one of the ten architectural styles and be approved by the Developers.

3.  A Three car garage is required that matches the architectural style of the home. 
The garage should not open towards the front of the house.

4.  Homes must be well kept and maintained for example; have clean roofs, painted if needed, and in good repair.

5.  Any out buildings must match the architectural style of the house and be approved by the H.O.A.

D.R.A.'s
1.  Each home owner is responsible for the portion of any Drainage Retention Area (D.R.A.) that falls within their property lines.
The area should be treated as part of the yard.  This includes mowing when the rest of the yard is mowed, keeping any debris or trash out of the area.

Common Areas
1. These areas include the entrance road "Padron" and it's right a way, the islands within that entrance, the Guard house and its gates, the sidewalks within the entrance area, landscaping, trees and grass and all fences erected by the Developers.  These areas will be will be maintained by the H.O.A.

2. Street Lights will be maintained and paid for monthly by the H.O.A. 

3. Common area electricity for entrance lights and gates will be paid for by the H.O.A.

4.  Road repaving or resurfacing will be paid for by the H.O.A. as a one time accessed  fee to each home owner.

5.  Road signs, curbs and fire hydrants will be maintained by the H.O.A.  However, if a curb is damaged by property owner or his agent, such as a subcontractor or repair vehicle - the property owner is responsible for reimbursing the H.O.A. for the repair.

H.O.A.
1.  The Home Owners Association (H.O.A.) is made up of the property owners.  Each property owner gets two (2) votes per lot owned.  Lot 1 (4.5 acres) will receive
4 votes.  A majority vote will win a motion.  Upon a tie vote the President will decide.

2. H.O.A. meetings will be called at least once a quarter.  Meetings may also be called by any two separate property owners.

3. H.O.A. fees will be required as follows:  
Lots with a home or any building completed or under construction:  $1000 per year.
Lots without a home or building: $800 per year. 
Lot owners will be required to build their house within 18 months of the purchase date. 
An extension can be granted by the developer.  If no home is built by that time the lot owners yearly maintenance dues will be raised to $1000 per year.
These dues are subject to increase by a majority vote.
They are not allowed to be lowered.

4.  The H.O.A. will be able to assess special fees for maintenance or repair of common areas with a majority vote. 
Once passed each property owner will be required to comply with the motion.

5.  The H.O.A. will supply each property owner with two gate pass remote controls.  Any further remotes needed by lot owners will cost $40 per remote. 
A special key pad code will be given per property owner.  A special pass code will be available to give out to visitors and another code will be available for emergency services.

6.  The Developers will be in charge of running the community until 5 or more lots are sold at which time
the H.O.A. will elect officers.  Officers consist of President, Vice President, Secretary, and Treasurer.
The President will call the meetings and preside over them.  The President will present a quarterly financial report at the beginning of each quarterly meeting. 
The Developer will part of the H.O.A. retaining 1 vote per lot and 2 votes on Lot 1.
The Vice President will take charge in the Presidents absence.
The Secretary will take notes and maintain records of each meeting.
The Treasurer will handle the H.O.A. bank account, paying bills and providing the President
with the financial information necessary for him or her to prepare a quarterly report.
H.O.A. financial records will be readily available for review by any lot owner within the H.O.A.
Officer positions will be held for a period of two years.  At that time a vote will be held to determine the next officers.  There is no limit on how long an officer can serve.

7.  The Developer will maintain the the Storybook Estates website.  Information beneficial for all property owners and potential property owners will be displayed on the site. No personal information such as birthdays, graduations, weddings, new babies, etc. will be displayed without the property owners permission.  Phone numbers, social security numbers, codes, banking information will never be displayed.

8.  Changes to the H.O.A. Deed Restrictions must be approved by the developers until 9 lots are sold. 
From then on a vote requiring 9 or more votes of property  owners will be required to  pass and approve a change.

9.  Only the Developer may approve home and garage building designs.

Security
1.  The front gates are the only way in or out of the community.  They will normally be closed.  It is each individual property owners responsibility to ensure they have access to the community by ensuring that they have the current codes and that their remotes work properly.

2.  Storybook Estates is a security conscience community. Security video cameras  monitor the streets and the entrance and exit gates.  For security reasons videos will be kept for a period of 1 to 14 weeks before being deleted.

3.  Each home must tie into the front gate intercom unit.  This may require a small hook-up charge.
 

Information: Info@StorybookEstates.com
or call 352 650 2111
Storybook Estates Home Owners Association Corp (SBHOA)
A not for profit corporation
copyright 2006-2008