The Majestic Tower at Bal Harbour Condominium Association, Inc.

Key facts from The Majestic Tower at Bal Harbour Condominium Association, Inc.'s documents

Reflects the 1997 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

THE MAJESTIC TOWER AT BAL HARBOUR CONDOMINIUM (Article II.C)

Developer / declarant

PRU-SHEL DEVELOPMENT PARTNERSHIP II (referred to as 'Developer') (Article I)

Governing law

Chapter 718 of the Florida Statutes (Article I, Submission Statement)

Special assessments

Board may levy additional assessments if current assessments insufficient or in emergencies. (Article XIV.C)

Reserves & fees

Board may include a sum for replacement of common elements and a general operating reserve. (Article XIV.C.1 and .2)

Leasing & rentals

Yes, but only entire unit (not portion), term at least 12 months, written lease, Association approval required. (Article IX.H)

Parking & vehicles

At least one automobile parking space per Residential Unit designated as limited common element, assigned by Developer; unassigned spaces are common elements. (Article III.H)

Use restrictions

Each Unit (excluding Cabana Units) shall be used as a residence only (Article IX.A)

Voting & meetings

Each Residential Unit entitled to one vote; each Cabana Unit entitled to a fractional vote (numerator = number of cabana units owned, denominator = total cabana units). (Article III.E.5 and Article XI.D)

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