|
Lake Maitland Terrace is not only a great place to live, it is also a good investment. Our amenities include:
*Full time On site Manager *Full time On site Maintenance professional *24/7 Customer Care phone number *Lake Front pool and sundeck *Valet trash service (complimentary) *Recycling program *Bike garage *Paddleboard Racks *Professional Landscaping *Gas grills (pool area) *Designated parking *Fishing dock on Lake Maitland *Laundry facilities *Shuffleboard and putting green *Car wash area *Professionally managed by FirstService Residential |
|
Frequently Asked Questions about Purchasing/Renting a Condo in Lake Maitland Terrace
Someone told me that Lake Maitland Terrace is a 55+ community. Is that true?
Not at all! We have all ages living at Lake Maitland Terrace. Our most cherished residents are our seniors, but we also have young families, singles, students, young executives, professionals, and semi-retired couples. For some of our residents, Lake Maitland Terrace is a second home where the pool, clubhouse and lake provide a resort-like lifestyle. It's a great place for any age.
Can I rent my unit?
No, not initially. Only a small number of units are allowed to be rented at any one time. After owning your unit for one year, you can put your name on the rental waiting list, but it could take several years before you are able to rent.
What about renting to my children/mom and dad?
Family members are allowed to be residents. Units where family members are residents are not included in the list of allowed rental units. Anyone living in the unit must be authorized by the Association.
What is the pet policy?
No pets are allowed on property with the exception of service or emotional support animals (proper documentation must be provided).
Is there parking?
Every unit is assigned one (uncovered) parking space. There are numerous guest spaces for residents who have more than one car. All vehicles must be registered with the office and have a LMT sticker or a Guest placket.
Monthly Assessments as of 2022
One bedroom $285.16
Two bedroom $380.44
Two bedroom + $570.34
Are motorcycles allowed on the property?
No motorcycles, scooters or motorized bicycles or scooters of any kind are allowed.
If I buy a condo at Lake Maitland Terrace, does it come with a dock?
No, the smaller private docks at our lakefront are transferred or leased from those who have been granted the right to use them. All residents have access to the large fishing dock.
Can I buy two units and combine them? Can I add bathrooms? Can I tear out the kitchen wall?
All remodeling plans must be approved by the Association. It is not possible to combine two units.
I know that Lake Maitland Terrace has laundry rooms throughout the complex, but can I install a washer and dryer in my condo?
Yes! Dryers must be ventless. Many of our residents have installed ventless dryers and love them. All washer/dryer hook ups must be installed by a licensed plumber and electrician and meet code by the City of Maitland.
I would like to live in Lake Maitland Terrace but I smoke. Is smoking allowed?
Smoking is ONLY allowed inside of the condo unit, with permission of the owner. Smoking is NOT allowed anywhere on Lake Maitland Terrace property, including the fishing pier, the waterfront, and the pool area.
Lake Maitland Terrace Sales Documents
We have included below a link to the documents contained in our LMT Sales Package. Interested buyers will find the procedures required when applying to purchase a condominium at Lake Maitland Terrace. All documents are to be completed as soon as an offer has been accepted. All owners and residents over the age of 18 must submit to a background check.
Click here to begin the screening the process. The code for LMT is 8818.
To obtain an estoppel certificate, please contact our Property Manager at Rangel.Rodriguez@fsresidential.com.
We have included below a link to the documents contained in our LMT Sales Package. Interested buyers will find the procedures required when applying to purchase a condominium at Lake Maitland Terrace. All documents are to be completed as soon as an offer has been accepted. All owners and residents over the age of 18 must submit to a background check.
Click here to begin the screening the process. The code for LMT is 8818.
To obtain an estoppel certificate, please contact our Property Manager at Rangel.Rodriguez@fsresidential.com.
Covenants and Restrictions, Rules and Regulations
There are many factors to consider when purchasing a condominium. Unfortunately, often the last to be considered are the rules and regulations of the community. The Lake Maitland Terrace Association wants every prospective buyer to be fully aware of the Covenants and Restrictions so that there are no surprises after closing. We also require an orientation with all new owners, tenants, and residents before move in.
You can download a complete copy of our Covenants and Restrictions from the link below: .
There are many factors to consider when purchasing a condominium. Unfortunately, often the last to be considered are the rules and regulations of the community. The Lake Maitland Terrace Association wants every prospective buyer to be fully aware of the Covenants and Restrictions so that there are no surprises after closing. We also require an orientation with all new owners, tenants, and residents before move in.
You can download a complete copy of our Covenants and Restrictions from the link below: .
| _declaration.pdf |
