Pearl House Condominium Association, Inc.

Key facts from Pearl House Condominium Association, Inc.'s documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 1.3: 'the name by which this con)

Legal name

Pearl House Condominium Association, Inc. (Section 2.4: 'Association or Condominium)

Governing law

Florida Condominium Act (Chapter 718 Florida Statutes) (Section 2.1: 'Act means the Florida Cond)

Assessments & dues

Based on percentage interests determined by square footage of Units (Exhibit '3') (Section 5.1: 'percentage share of the Co)

Special assessments

Capital additions/alterations/improvements requiring >10% of budget require majority approval; otherwise board may decide. Also Extraordinary Financial Event may be decided by board alone. (Section 8: 'costing in excess of ten per)

Collections & liens

Association may collect assessments; enforcement remedies granted by Act (includes lien and foreclosure). Charge (financial obligation not an Assessment) does not have same remedies. (Section 2.10: 'Charge... the Association)

Reserves & fees

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

Leasing & rentals

Not explicitly stated; but references to tenants, lease disclosure in Section 3.4(h) imply leasing is permitted. (Section 3.4(h): sales, leasing activity )

Architectural approval

Yes, for additions, alterations, improvements visible from other Units, affecting structure, etc. Requires prior written consent of Board. (Section 9.1: 'No Unit Owner shall make a)

Signs & flags

Developer may erect signs for sales/leasing during development period (Section 3.4(h)). For others, likely restricted but not explicit in provided text. (Section 3.4(h): 'to erect on the Condomi)

Maintenance

Association responsible for maintenance, repair, replacement of roofing or waterproofing membranes (cost as Common Expense). (Section 3.3(a): 'the Association shall b)

Insurance

Common Expenses include costs of fire, windstorm, flood, liability and all other types of insurance, including officers and directors insurance, and self-insurance fund (Section 2.13(l)). Section 14 referenced but not provided. (Section 2.13(l))

Use restrictions

General prohibition on interfering with other owners' use; specific reference to interference with utility easements. (Section 3.4(b): 'A Unit Owner shall do n)

Voting & meetings

Each Unit entitled to one (1) vote, cast by its Owner (Section 5.2: 'Each Unit shall be entitle)

Amendments

By Association: majority vote of voting interests, except Material Amendments require joinder of affected owners and mortgagees. Developer may amend unilaterally during control period for any change except timeshare or Material Amendment. A (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.