Alaqua Condominium Association, Inc.

Key facts from Alaqua Condominium Association, Inc.'s documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Units / lots

193 (Section 3.1: 'one (1) building containin)

Governing law

Florida Condominium Act (Chapter 718 Florida Statutes) (Section 2.1)

Assessments & dues

Assessments are a share of Common Expenses, apportioned according to the percentage interest set forth in Exhibit 3 (Section 2.3, Section 5.1)

Collections & liens

Association has lien for Assessments and may enforce under the Act; Association may acquire units via foreclosure or deed in lieu (Section 11.1(g): 'acquisition of any Uni)

Reserves & fees

Reserves are required by the Act and are included in Common Expenses (Section 2.13: 'all reserves required by )

Architectural approval

Prior written consent of the Board of Directors required for any addition, alteration, or improvement visible from or affecting any other Unit or Common Elements (Section 9.1)

Maintenance

Unit Owners maintain Units and Limited Common Elements (including interior, windows, HVAC, etc.); Association maintains Common Elements and Association Property (Section 7.1 and 7.2)

Voting & meetings

Each Unit is entitled to one vote, cast by its Owner (Section 5.2)

Amendments

Amendment by Association requires affirmative vote in excess of 67% of voting interests, unless Developer has control (then Developer alone may amend except for material amendments and time-share) (Section 6.1, 6.5)

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