Villas Encantada

Key facts from Villas Encantada's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 1: Submission to Condominium Own)

Legal name

VILLAS ENCANTADA CONDOMINIUM ASSOCIATION, INC. (Section 8.2)

Governing law

Chapter 718, Florida Statutes (Condominium Act) (Section 1)

Assessments & dues

Not fixed; determined by budget. Developer guarantee for 2001-2003: $1,800/qtr (2001), $2,000/qtr (2002), $2,200/qtr (2003). May extend same amount to 2004-2005. (Section 16.15: '$1,800.00 per quarter fo)

Collections & liens

Association has lien on each unit for assessments, interest, costs, attorneys' fees. Lien relates back to recording of declaration except as to first mortgages. Foreclosure allowed. (Sections 16.10, 16.11)

Reserves & fees

Required unless waived or reduced per Florida Statute 718.112(2)(f)2. Must be held in separate account not co-mingled. (Section 16.4 and 16.5)

Pets

Yes, with approval of Board of Directors. (Section 17.6: 'Each unit owner, with app)

Leasing & rentals

Yes, with Association approval. (Section 19.5)

Use restrictions

Units shall be used as a residence and for no other purpose. (Section 17.1)

Voting & meetings

One vote per unit. Total 5 votes. (Section 15.10: 'the owner of each unit s)

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