VENICE ISLE, A RESIDENTIAL COOPERATIVE Amended and Restated ...

VENICE ISLE, A RESIDENTIAL COOPERATIVE

Amended and Restated Rules, Regulations and Policies Effective May 18, 2021

PREAMBLE Section No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

TABLE OF CONTENTS

Title Definitions General Rules Maintenance Fees and Charges Communications Access Control Members, Guests and Visitors Subletting Care of Home, Lot and Lawn Area Service Animals Pets and Wildlife Amenities, Common Areas and Activities Vehicles Golf Carts and Scooters Storage Compound Laundry Personal Injury; Loss or Destruction of Property Complaints, Violations, Penalties and Fines Flags and Signs Venice Isle Maintenance Standards Venice Isle Architectural Committee Mission, Organization, Guidelines and Standards adopted November 17, 2020

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PREAMBLE

Minimum Age: Venice Isle is a 55 and older community under the Federal Fair Housing Act and the Housing for Older Persons Act, as amended. Permanent occupancy of a Lot is restricted to two (2) adults, one of whom must be 55 years of age and older and the other no less than 45 years of age.

Organization: Venice Isle is organized in the cooperative form of ownership. It is comprised of 992 single-family residences (each a "Home", and collectively, the "Homes") situated on a designated portion of the real property of the Association (each a "Lot", and collectively, the "Lots") along with the common areas such as the streets, clubhouses, lakes and other amenities (the "Amenities"). The owner of the real property within Venice Isle is Venice Isle Home Owners, Inc. ("VIHO"), which is responsible for maintaining the Amenities, among other obligations. The right to use, occupy and enjoy a Home situated on a Lot is evidenced by a certificate (the "Membership Certificate") and an assignment of the leasehold rights relating to that Lot pursuant to the Master Lease recorded in 1996.

VIHO is governed by the Master Lease and Bylaws as well as Section 719, Florida Statutes. VIHO is administered by a nine-member Board of Directors that is elected by the Members at VIHO's annual meeting. The Directors serve on a voluntary basis, without remuneration, and each Director serves a three-year term. Terms are staggered so that each year an election is held to fill the positions of three Directors. To become a Director, you must be a Member or the person designated to vote on behalf of the Member designated on the Share.

The Board of Directors is empowered by the Master Lease, Bylaws and Florida law to make rules, regulations and policies which set forth basic standards with respect to the use of the Amenities, as well as other restrictions and conditions on the use and enjoyment of property in Venice Isle in general.

Management and Operations: All decisions regarding the operation of Venice Isle are made by the Board of Directors at regularly scheduled meetings held on the second and third Tuesdays of the month. Directors are not individually responsible for resolving the matters that come before the Board of Directors, and can only decide matters when a quorum of Directors is present for a meeting. Members are notified in a number of ways of the time, date and place of meetings of the Board of Directors.

While the Board of Directors is responsible for the major decisions affecting the property within Venice Isle, VIHO has engaged the services of a professional property manager to handle the day-to-day management of the Amenities. Any questions, comments or service requests should be directed to the Manager. The Manager's contact information is found below.

Statement of Values: Venice Isle is a community in which cooperation, courtesy and respect for others is essential to ensure that all those entitled to use the Amenities have an equal opportunity to enjoy them. Cooperation, courtesy and respect not only promotes

Venice Isle Home Owners, Inc. Rules, Regulations and Policies ? Amended and Restated May 18, 2021 i

goodwill, but also could eliminate sources of complaint within our community. Our objective is to maintain high standards and quality of life.

In order to ensure consistent, orderly and impartial rules for the use and enjoyment of all property in Venice Isle, the Board has established the following Rules, Regulations and Policies. These Rules, Regulations and Policies set forth standards relating to the relationships among residents, the upkeep and maintenance of Lots and the Homes situated thereon, use of the Amenities and other matters. These are common sense Rules, Regulations and Policies, and they take into consideration the health, safety and comfort of all residents. We know you will find them reasonable and will cooperate by upholding them. Those who violate these standards are subject to sanctions, including suspension of their rights to use the Amenities.

Please keep these Rules, Regulations and Policies handy for reference as needed. If something arises that may not be covered in these Rules, Regulations and Policies, please do not hesitate to contact the Manager. If you transfer your ownership rights to your Lot and Home, you are responsible for providing a copy of these Rules, Regulations and Policies, as well as the Master Lease and Bylaws, to the person to whom you transfer your membership rights. Additional copies are available at the Office.

Thank you,

The Board of Directors Venice Isle Home Owners, Inc.

The Manager can be reached as follows:

U.S. Mail 603 Roma Road Venice, FL 34285

Email manager@

Telephone (941) 488-9648

Venice Isle Home Owners, Inc. Rules, Regulations and Policies ? Amended and Restated May 18, 2021 ii

SECTION 1

DEFINITIONS

For the purposes of these Rules, Regulations and Policies:

1. "Amenities" shall mean the improvements and common facilities located on the Common Areas as defined and described in the Master Lease, including but not limited to the streets, clubhouses, lakes, bocce, shuffleboard and tennis courts, Fitness Center, pools, spas and the like, as they may exist from time to time.

2. "Articles of Association" shall mean the Restated Articles of Association of the Association filed with the Secretary of State of the State of Florida on August 26, 2020, as amended from time to time.

3. "Assistance Animal" shall mean an animal that provides emotional support that alleviates one or more identified symptoms or effects of a person's disability.

4. "Association" shall mean Venice Isle Home Owners, Inc., the owner of Venice Isle and Landlord to Members.

5. "Board" shall mean the Board of Directors of the Association, as constituted from time to time.

6. "Bylaws" shall mean the Bylaws of the Association adopted by the Association on December 30, 1996, as amended from time to time.

7. "Carport" shall mean a covered cement slab attached to a Home that is sufficient in size to house an automobile.

8. "Common Areas" shall mean the common areas of Venice Isle as defined in Section 11 of the Master Lease, as amended from time to time.

9. "Family Member" shall mean the parents, grandparents, children, grandchildren, brothers, sisters and in laws (mother, father, sister, brother) of a Member.

10. "Florida Law" shall mean Chapter 719, Florida Statutes, and any other provision of applicable law, and judicial and administrative interpretations and applications thereof.

11. "Florida Room" shall mean an attached porch enclosed with glass or acrylic windows.

12. "Governing Documents" shall mean the Master Lease, Articles, Bylaws and these Rules, as they may be amended from time to time.

13. "Guest" shall mean a person who stays one or more nights with a Member or Renter but is not identified in the assignment of lease to a Member or in a lease agreement

Venice Isle Home Owners, Inc. Rules, Regulations and Policies ? Amended and Restated May 18, 2021 1

between the Member and a Renter, and who is not also a Permanent Occupant.

14. "Home" shall mean a manufactured home and its component parts situated on a Lot.

15. "Invitee" shall mean the Family Members, Guests, Visitors and any other persons who are in Venice Isle at the invitation of any Member or Renter.

16. "Lanai" shall mean an attached porch enclosed with screened or vinyl windows appurtenant to a Home.

17. "Lawn Area" shall mean any area of Venice Isle not covered with concrete or blacktop. Lawn area includes pavers, river rock or loose stone, etc., which has been added to a Lawn Area.

18. "Lot" means shall mean the real property described in an Assignment of Lease, identified by a Lot number and appurtenant to a Share, and all rights and interests associated therewith as set out in the Governing Documents.

19. "Manager" shall mean the person or entity engaged by the Association to administer and manage the daily operations and activities of the Association.

20. "Master Lease" shall mean the Master Form Proprietary Lease dated December 31, 1996, and recorded in Official Records Book 2925, Pages 2868, et seq., of the Public Records of Sarasota County, Florida, as amended from time to time.

21. "Member" shall be the person or persons owning a membership certificate issued by the Association pursuant to the Articles of Incorporation and Bylaws of the Association.

22. "Office" shall mean the Association's Administration Office located at 603 Roma Road, Venice, FL 34285.

23. "Permanent Occupant" shall mean any person who intends to occupy, or actually occupies, a Home and Lot for more than thirty (30) days in any 365-day period, and who is not a Guest.

24. "Permanent Occupancy" shall mean the occupation of a Home and Lot for more than thirty (30) days in any 365-day period.

25. "Pet" shall mean any animal companion that is not a Service Animal or Assistance Animal.

26. "Renter" shall mean an occupant of a Home in Venice Isle who is subletting from a Member and who has acquired the rights of a Member to use the Amenities.

27. "Rules" shall mean these Amended and Restated Rules, Regulations and Policies, as

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