Showing ordinances that apply to Canal Point, FL
Canal Point is an unincorporated community (population 344) in Palm Beach County, Florida. Because Canal Point is not an incorporated city, it does not have its own municipal code. Instead, Palm Beach County ordinances apply directly to properties here. The assessment & dues rules below are the ones that govern your area.
HOA assessments in Palm Beach County are governed by FL §720.308. Annual budget and assessments require board approval; special assessments may require member vote per the declaration. Late fees capped at $25 or 5 percent, whichever is greater. Interest at the rate stated in declaration up to 18 percent.
FL §720.308(1)(a) authorizes assessments to fund operating expenses, reserves, and capital improvements. Budget meetings must be noticed at least 14 days in advance. Special assessments above amounts authorized in budget typically require membership vote (per individual declaration). Liens for unpaid assessments arise automatically under FL §720.3085. Foreclosure permitted but requires 45-day pre-lien notice and 45-day pre-foreclosure notice. Estoppel certificates capped at $299 fee under FL §720.30851 (higher for delinquent accounts).
Excessive late fees or interest: void to extent over statutory cap. Improper foreclosure without notice: foreclosure dismissed and HOA liable for owner attorney fees. Failure to maintain reserves: potential personal liability for board.
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