Governance

GOVERNANCE

One Exquisite Community, Three Governing Services

Each homeowner knows that their voice matters when it comes to governing our neighborhood.

Master Management, CenClub and Associations all have budgets that must be funded for running day-to-day operations. Associations/buildings are the only ones mandated under the Florida Statute 718, to budget adequate “reserves” for capital expenditures and deferred maintenance, as in future replacement of roofs, parking areas, painting and many now include elevators and lifts as well.

1. MASTER MANAGEMENT
All unit owners share costs equally based on the annual budget for maintaining community services and related facilities.

2. CENCLUB
CenClub collects and processes the monthly lease payments for each unit along with the recreation fees required to operate and maintain all the recreation facilities.

3. BUILDING ASSOCIATIONS
Association/building operating expenses, which include administrative, day-to-day operating costs and the small COOCVE dues.

CVE GOVERNANCE FEES

What is my money used for?

Payments are used for operating, maintaining, repairing, replacing and modernizing our various association buildings and community and recreation properties. Also covered are services like landscaping, janitorial, transportation, lighting, security, trash removal, cable, etc.