Siena at Deering Bay Condominium Association, Inc.

Key facts from Siena at Deering Bay Condominium Association, Inc.'s documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 1.2 - Submission to Condominium)

Governing law

Chapter 718, Florida Statutes (Condominium Act) (Section 4.18 - Condominium Act)

Special assessments

Special Assessment defined in Section 10.2 (text not included). Capital improvements costing over $150,000 in a calendar year require approval of majority of voting interests at a meeting with quorum. (Section 7.3 - Material Alterations and A)

Collections & liens

Association has lien for assessments and can acquire a unit through foreclosure or deed in lieu of foreclosure, on majority vote of Board. (Section 8.1.7 - power to foreclose and a)

Reserves & fees

Reserves required by Condominium Act or otherwise established by Association are included as Common Expenses. (Section 4.13.1(a) - Common Expenses incl)

Leasing & rentals

Lease defined as grant of temporary right of use by unit owner. (Section 4.33 - Lease)

Parking & vehicles

Garage parking spaces are Limited Common Elements. (Section 4.34 - Limited Common Elements i)

Voting & meetings

Voting interests distributed per Florida Statute Section 718.104(4)(i). Each unit carries voting rights. Approval of a majority of total voting interests required for staggered terms. (Section 4.52 - Voting Interest; Certific)

Amendments

Developer may amend Declaration unilaterally for changes made in Developer-owned units (Section 6.3.6) subject to Section 17 (not provided). Material amendments require approval per Section 6.2? (Sections 6.3.6 and 17 (referenced but no)

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