Beachway Sminole Condominium Association Inc

Key facts from Beachway Sminole Condominium Association Inc's documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 1.3: Name - BEACHWAY CONDOMINIUM)

Legal name

BEACHWAY SEMINOLE CONDOMINIUM ASSOCIATION, INC. (Section 2.5)

Units / lots

195 (Section 3.1: 'There are nine (9) Buildin)

Developer / declarant

Columns Funding Company, Inc., a Delaware corporation and Seminole Project Company, LLC, a Florida limited liability company (Section 2.21)

Governing law

Florida Condominium Act (Section 718.101 et seq., Florida Statutes) (Section 2.1: 'Act' definition)

Assessments & dues

Board prepares annual budget, determines assessments, and notifies owners (Section 11)

Special assessments

allowed; if aggregate exceeds 3% of then estimated operating budget, requires majority vote of Voting Interests at quorum meeting; exception for required maintenance/repair/replacement (Section 12.2(c))

Collections & liens

Association has lien recorded as claim of lien, may foreclose in manner of mortgage, may also sue for money judgment (Section 12.3)

Reserves & fees

Common Expenses include reserves required by Act or otherwise established by Association (Section 2.13(b): 'all reserves required )

Leasing & rentals

Yes, Units may be leased (definition of Tenant and Lease included) (Section 2.32: Lease; Section 2.44: Tenan)

Architectural approval

Board consent required for additions, alterations, improvements to Common Elements, structural changes, or changes visible from other units or Common Elements (Section 9.1)

Voting & meetings

One vote per Unit, cast by its Owner (Section 5.2: 'Each Unit shall be entitle)

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