Captiva Condm

Key facts from Captiva Condm's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Governing law

Chapter 718, Florida Statutes (Condominium Act) (Art. I)

Special assessments

Board may levy additional assessments if needed; purpose must be stated in written notice (Art. XVII C)

Reserves & fees

Required in annual budget for capital expenditures, deferred maintenance, and replacement; may be reduced or waived by majority vote of owners (Art. XVII D)

Leasing & rentals

No unit shall be leased for a term less than nine (9) months; all leases must be for an initial term of not less than one (1) year, except with written approval (which shall not be unreasonably withheld in cases of undue hardship) (Art. XV H 4(b))

Use restrictions

Each unit occupied only by a single family, its servants and guests or lessees as a residence and for no other purposes (Art. XV A)

Voting & meetings

One vote per unit; may be exercised by owner or proxy (Art. X)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.