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Your Board of Directors conducts periodic reviews of each property in our community. The reason for the review is to identify areas of concern which may contribute to overall loss of property values in our community. In that regard, the directors will send letters to property owners in the hope that they will respond to our concern. The following is a list of issues which should be addressed.
Recently, we asked ourselves why we do this? Who appreciates us? What happens if we quit? Well, here is the plain truth. By law a governing body is required for our subdivision. Without an HOA, the Queens Cove subdivision would be placed into a receivership which would be controlled by the Florida Court System. Would also be placed with a management co. and a large increase on our HOA Dues. The residents would have little input to control the future of our subdivision.
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