Harbourside Villas Inc

Key facts from Harbourside Villas Inc's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Vacation Condominium (Section 1.2 (Name): Harbourside at Marke)

Units / lots

57 (Phase I) (Section 1.1: Building containing 57 unit)

Developer / declarant

Harbourside Villas Inc., a Florida corporation (Preamble)

Governing law

Florida Condominium Act (Chapter 718) (Section 1.2 and Section 2.1 "Act" defini)

Assessments & dues

Board prepares budget at least annually, determines assessments, allocates among Units based on percentage shares (Exhibit 7) (Section 12, Section 5.1)

Special assessments

Permitted; if exceeds $10,000 in aggregate or causes total assessments to exceed 115% of prior year, requires majority approval of Units at meeting with quorum (Section 13.2(b))

Collections & liens

Association has lien for unpaid assessments; claim of lien recorded; may foreclose as mortgage; may also obtain money judgment (Section 13.3, 13.4)

Reserves & fees

Developer waives reserves for Common Elements for initial two years; reserves otherwise required by Act or established by Association (Section 2.17 (definition of Common Expen)

Leasing & rentals

Yes; Units may be rented to general public when not in use by Owner (Section 1.3)

Parking & vehicles

Offsite parking on first-come/first-serve basis; no vehicles parked onsite by Unit Owner when unit unoccupied; Project Owner may require parking pass. (Section 3.6(ii))

Architectural approval

Yes; prior written consent of Board and Project Owner required for exterior additions, alterations, or improvements (Section 9.1, 9.3)

Signs & flags

Developer may erect signs for sales (Section 3.6(f)); no specific restriction on Unit Owner signs (Section 3.6(f))

Maintenance

Not explicitly assigned; likely Common Elements (Section 7.2 (Common Elements maintained )

Use restrictions

No; Units are vacation condominium for transient occupancy less than 120 consecutive days; cannot be homestead or primary residences (Section 1.3)

Voting & meetings

Each Unit entitled to one vote (Section 5.2)

Amendments

Generally requires affirmative vote of Unit Owners owning in excess of 66% of Units (Section 6.1). Developer may amend unilaterally to correct errors or omissions during control period, but not if materially adverse without consent (Section (Section 6.1, 6.2, 6.3, 6.4)

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