Living In Golf Lakes
Life in Golf Lakes
Living in a cooperative is different than a condominium or homeowner's association. As a member, you are an equal owner in the Corporation that owns all of the land on which the park sits. You are an owner of the assets and improvements enjoyed by all members. There is no monthly lot rental fee.
A member pays quarterly assessments that pays for the operation and maintenance of the corporations assets as well as saving for replacement and deferred maintenance in the form of reserves.
Under a proprietary lease, each member owns their own manufactured home, and is responsible to abide by the corporation's governing documents and the Rules and Regulations of the Corporation.
FAQ
What is Golf Lakes Residents Association Inc.?
A 99 Year Lease hold Co-Operative Association. As a Co-Operative Association owner/member you will receive a Lease which outlines the Co-Operative, a Certificate of Membership, and the Rules and Regulations which govern the Association under the lease all members agree to abide by these rules.
What is a Co-Op Land Lease?
An association that buys or owns land. Share holders are issued a proprietary lease by the Corporation. As a share holder you can enjoy all the benefits of ownership as any other owner of real estate. Deduction of taxes, mortgage interest, homestead deduction, and appreciation in property value is possible.
An association that buys or owns land. Share holders are issued a proprietary lease by the Corporation. As a share holder you can enjoy all the benefits of ownership as any other owner of real estate. Deduction of taxes, mortgage interest, homestead deduction, and appreciation in property value is possible.
Is Golf Lakes Golf free?
Yes, Golf Lakes has it’s own exclusive golf course. There are three greens with three different tee boxes for a total of nine holes.
Yes, Golf Lakes has it’s own exclusive golf course. There are three greens with three different tee boxes for a total of nine holes.
Can we have guests?
Yes home owners can have guests with them up to 60 days. Family may stay in absence of owners. Other guests with owners. Homeowners should notify the office of guests visits.
Yes home owners can have guests with them up to 60 days. Family may stay in absence of owners. Other guests with owners. Homeowners should notify the office of guests visits.
Can I get insurance?
Homes built after 1994 are built to the latest hurricane standards as concrete block stucco (CBS) homes. They are generally always insurable. Homes built between 1980 and 1993, can usually be insured. Homes prior to 1980 are insurable at your home insurance agents option.
Homes built after 1994 are built to the latest hurricane standards as concrete block stucco (CBS) homes. They are generally always insurable. Homes built between 1980 and 1993, can usually be insured. Homes prior to 1980 are insurable at your home insurance agents option.
Do you finance?
Golf Lakes does not offer financing. In the event you need financing you can contact any banker of your choice.
Golf Lakes does not offer financing. In the event you need financing you can contact any banker of your choice.
How much is the maintenance fees?
Current fees are listed on the Fees page of this web site.
Current fees are listed on the Fees page of this web site.
Is the pool heated year round?
Yes
Yes
Do you have a fitness center?
Yes
Yes
Do you have a spa?
Yes, it is located on the pool deck.
Yes, it is located on the pool deck.
Is there Pickle Ball?
Yes, we have two lighted pickle ball courts and pickle ball leagues.
Yes, we have two lighted pickle ball courts and pickle ball leagues.
Did you have another question not answered here?
Call 941-755-3021 for more information or reach us by email use our CONTACT US page.
Call 941-755-3021 for more information or reach us by email use our CONTACT US page.