Atlantic III at the Point Condominium Association, Inc.

Key facts from Atlantic III at the Point Condominium Association, Inc.'s documents

Reflects the 2000 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 1.3 - name: 'ATLANTIC III AT THE)

Units / lots

Not explicitly stated but implied by exhibit listing: multiple unit types across many floors; also totals can be inferred from Revised Exhibit 2 percentages summing to 100%. No exact count given. (Revised Exhibit 2 - list of units with p)

Developer / declarant

Coscan Atlantic III L.L.C., a Florida limited liability company (First Amendment preamble and Section 2.1)

Governing law

Florida Condominium Act (Chapter 718 of the Florida Statutes) (Section 2.1 - 'Act' definition)

Assessments & dues

Estimated first year assessments provided in Revised Exhibit 5, varying by unit type: e.g., Type A (North): $5,888.65 monthly? Actually monthly amounts given: $488.65? Wait exhibit shows monthly and annually: for Type A (North) monthly $5,8 (Revised Exhibit 5: SCHEDULE OF CONDOMINI)

Special assessments

Allowed: 'Assessments, Charges and other levies' (Section 11.1(b)); also Special Charge for unit owner negligence (Section 7.6). (Section 11.1(b); Section 7.6)

Collections & liens

Association has lien rights: Section 7.6 allows special charge; also implied by Act, but specific lien provisions not detailed in provided text (maybe in Bylaws). (Section 7.6 references special charge; S)

Reserves & fees

Required by Act: Section 2.12(ii) includes reserves required by Act or otherwise established. (Section 2.12(ii): 'all reserves required)

Leasing & rentals

Not explicitly stated but implied (Developer may lease Units; also Section 4(g) references leasing). No prohibition found. (Section 4(g)(ii) reference to leasing; n)

Parking & vehicles

Temporary parking of commercial vehicles allowed for construction, delivery, etc. (Section 17.23 as amended). (Section 17.23: 'The prohibitions on park)

Fences

Not specifically addressed; exterior alterations require approval. (Section 9.1 general)

Architectural approval

Yes: Board approval required for any addition, alteration, improvement that alters exterior appearance or affects structural/electrical/plumbing/mechanical systems (Section 9.1). (Section 9.1)

Home business

Not specifically addressed (No mention)

Signs & flags

Developer can erect signs for sales; otherwise not addressed for owners. (Section 4(g): Developer may erect signs )

Maintenance

Common Element - Association responsibility (Section 7.7). Roof-top areas assigned as Limited Common Elements are maintained by Unit Owner (Section 3.3(e)). (Sections 7.7 and 3.3(e))

Insurance

Association maintains property insurance on Common Elements; Unit Owners have their own policies (implied in Section 7.6, 7.8). (Section 7.6 mentions 'insurance obtained)

Use restrictions

Yes, implied: Units are for dwelling purposes (Section 3.4(j) references 'general health or welfare' and 'dwelling purposes'). (Section 3.4(j): 'will not prevent or unr)

Voting & meetings

Each Unit entitled to one vote cast by its Owner; members are Unit Owners; Developer may have control until turnover. (Section 5.2; Section 2.27 defines Turnov)

Amendments

Amendments by Association require vote of >66 2/3% voting interests (Section 6.1); Board can make certain amendments without owner consent (Section 6.2); Material Amendments require joinder of affected owners and all others (Section 6.3); D (Section 6)

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