Showing ordinances that apply to University, FL
University is an unincorporated community (population 50,893) in Hillsborough County, Florida. Because University is not an incorporated city, it does not have its own municipal code. Instead, Hillsborough County ordinances apply directly to properties here. The assessment & dues rules below are the ones that govern your area.
FL 720.3085 governs HOA assessments. Regular and special assessments allowed per declaration. Unpaid assessments accrue interest up to 18% and may result in lien and foreclosure. Safe harbor for first mortgagees.
Assessments must be levied per governing documents and pro-rata share defined in declaration. Late fees up to 25 or 5% of assessment, whichever is greater (FL 720.3085). Interest up to 18% annual. Claim of lien recorded after 45-day notice; foreclosure after additional 45-day pre-lawsuit notice. First mortgagee liability capped at lesser of 12 months or 1% of original mortgage (safe harbor). Special assessments require board approval and notice per documents.
Delinquent assessments: late fees, interest, lien, attorney fees, foreclosure. Improper lien recording: member may recover damages and fees.
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