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DECLARATION OF COVENANTS OF WATERFORD SUBDIVISION


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Section 2 - Jurisdiction

2.01 Declarants. Until Declarant or any Developer sells the last Lot or Unit in the Property to the consuming public (the "Development Period") Declarant reserves the rights contained in Sections 2.02 through 2.04 and 3.01 through 3.03 below.
2.02 Reservations. Declarant reserves, on behalf of itself and Developers, the right to maintain on the Property, sales models, sales offices, advertising signs, lights and banners and to erect and maintain temporary dwellings, model homes and other structures on the Property.
2.03 Further Restrictions. Declarant reserves the right to impose further restrictions, amend the present restrictions, or grant dedicate easements or rights-of-way on the Property. Such additional restrictions, easements or dedications shall not encumber any Lot or Multi-Family Parcel sold prior to the placing of such easement or dedication of record, unless the owner of the Lot or Multi-Family Parcel affected thereby joins in the execution of such amendment as provided for herein. Any further amendments to the Declaration by the Declarant shall be made in accordance with Section 11.02.A. of the Declaration.
2.04 Right of Release. If any home constructed on a Lot or any Unit constructed on a Multi-Family Parcel shall violate any covenant of this Declaration, and if, in the opinion of Declarant, such violation in not substantial, Declarant may grant a release of such violation by acknowledging such release in writing and placing it of record in the Public Records of Broward County, Florida. After the date of the termination of the Development period under Section 2.01, this right of release shall succeed to the appropriate Association or Multi-Family Association having jurisdiction over the Unit or Lot or Multi-Family Parcel having jurisdiction over a Unit, Lot or Multi-Family Parcel as provided under Section 3.03.
2.05 Multi-Family Association. Each Unit constructed by Declarant or a Developer on a Multi-Family Parcel shall be subject to the jurisdiction of a Multi-Family Association to be formed by the Declarant or Developer. If the Developer is other than Declarant, then the Developer shall submit to Declarant for its approval the Articles of Incorporation and By-Laws of the Multi-Family Association, and the Declarations and related documents governing any planned unit development or condominium prior to the commencement of the construction of a Unit on a Multi-Family Parcel. Declarant shall not unreasonably withhold its approval of the aforesaid documents and shall either approve or submit its objections to such documents in writing within thirty (30) days after Developer submits the documents to Declarant for Declarant's approval. The Articles, By-Laws, Declaration and related documents governing the Units shall be obligated to enforce the covenants contained herein as they pertain to the Multi-Family Parcel. The Declaration of Covenants pertaining to the Units shall not contain any provisions that are contrary or inconsistent with the covenants of this Declaration pertaining to a Multi-Family Parcel.
2.06 Association. The Association shall have jurisdiction over the Lots, with the powers and duties defined in Sections 8, 9, and 10.

Purpose and Definitions
Jurisdiction
Architectural and Construction Restrictions
Use Restrictions
Exterior Maintenance
Common Easements
Lake Parcels and Park Parcel
The Association
Assessments
Enforcement
Duration and Amendments
Severability

NOTE: Upon "closing," each new owner should have received a document called "DECLARATION OF COVENANTS OF WATERFORD SUBDIVISION." This scanned and typed copy of selected sections of the Covenants is not meant to replace that document, or the BY-LAWS, which govern the Association election process. It is provided here simply as a convenient reference for "Frequently Asked Questions" regarding typical homeowner issues. This is not a legal document, and neither the Association nor the editor bear any liability for errors. If you do not find the information you seek, you are urged to contact one of your Association Board members, or consult your own hard copy.

www.ivanhoe-waterford.com © 1997 Pete LaMoia