About Terra Verde Resort HOA

Terra Verde Resort is a vacation rental community consisting of 363 privately owned homes; 155 single-family homes and 208 townhomes, sprawling over 90
acres of palm trees, lush landscape, lakes and ample resort amenities. Our resort is professionally staffed with experienced and energetic professionals ready to help make your stay amazing.

The resort was designed to cater to vacationers eager for relaxation and fun in Central Florida. The majority of homes are owned as investment properties or second homes, with some owners living on-site full-time. All Rentals are limited to 120 days or less. Owner occupancy can not exceed 25%. If you're planning to purchase a home in our resort as your primary residence, please contact the resort Frontdesk@terraverderesort.net prior to writing an offer. The resort is governed by three homeowners associations: Terra Verde Resort Master Association, Inc, The Manors at Terra Verde Resort and Terra Verde Resort Villas. All owners are members of the Master Association, which is responsible for all common resort property, staff and assets. All single-family owners are members of the Manors Association, and all townhome owners are members of the Villas Association.

The three associations levy separate quarterly fee assessments. All new owners are also required to pay an initiation fee to each association they become members of upon closing of your sale.

Estoppel Requests

Estoppels will need to be requested from both associations. For questions prior to ordering please email Estoppel@terraverderesort.net.

Masters Estoppel - For homes without a past due balance, a fee of $299 will be due and payable before the estoppel is complete. Estoppels take up to 10 business days. Rush service can be accommodated with an additional $119 fee. Estoppels can be paid by Certified check made out to Terra Verde Resort Master Association, Inc. If there is a balance on the account and the owner is in collections, you will be directed to the association attorney, additional fees will apply.
ESTOPPEL REQUEST FORM

Manors Estoppel For all Manors homes, a minimum fee of $299 will be due and payable before the estoppel is complete. Estoppels take up to 10 business days. Rush service can be accommodated for an additional cost. Homes with a collection balance may have additional fees applied per Florida law to include any applicable attorney fees. Please contact office@kwpalaw.com for all estoppel requests.

Villas Estoppel For homes without a past due balance, a fee of $299 will be due and payable before the estoppel is complete. Estoppels take up to 10 business days. Rush service can be accommodated with an additional $119 fee. Estoppels can be paid by Certified check made out to Terra Verde Resort Villas Association, Inc. If there is a balance on the account additional attorney fees will apply. ESTOPPEL REQUEST FORM

Assessments and Fees

Assessments and fees listed below are considered accurate but must be verified.

Terra Verde HOA Assessments - 2023

All owners pay Terra Verde Resort Master fees and assessments plus corresponding association fees and assessments based on the home you own; Manors and/or Villas. Single-family homes belong to The Manors at Terra Verde Resort, Townhomes belong to the Terra Verde Resort Villas.

ANNUAL ASSESSMENTS
Master Association assessment $3480 Annually, payable in 4 quarterly assessments of $870
Manors Association assessment $1012 Annually, payable in 4 quarterly assessments of $253
Villas Association assessment $1360 Annually, payable in 4 quarterly assessments of $340
Quarterly assessments are due on the 1st of January, April, July and October.

NEW OWNER INITIATION FEES *one-time fee paid at closing.
Master Initiation fee $1500
Manors Initiation fee $50
Villas Initiation fee $50

WAYS TO PAY DUES

ONLINE- Terra Verde Resort uses the owner platform PayHOA. Please log in HERE to your account to make payments. New owners, register HERE.

CHECKS BY MAIL- Make checks payable to Terra Verde Resort Master HOA, The Manors at Terra Verde HOA and/or Terra Verde Villas HOA. Please include your account number in the memo line to ensure that payments are applied to the correct account. Your account number is your property number and the first letter of your street. Please send a separate check for each association. Mail to Alliance Association Bank c/o Callin Burnham 3033 West Ray Road, Ste 200 Chandler, AZ 85226.

For questions, please call the resort office 1-407-396-2327 or email Frontdesk@terraverderesort.net.

Board of Directors

Terra Verde Resort Master Association Board of Directors

Manors at Terra Verde Resort Board of Directors

Terra Verde Resort Villas Board of Directors

Community Documents New Owner? Register Here!

HOMEOWNERS MANUAL

TERRA VERDE RESORT