Ironwood Fourth Condominium Association, Inc.

Key facts from Ironwood Fourth Condominium Association, Inc.'s documents

Community type

condominium (Article I, Submission Statement: 'submit)

Legal name

Ironwood Fourth Condominium Association, Inc.

Governing law

Florida Condominium Act, Chapter 718 (Article II, Paragraph G: 'Condominium Ac)

Assessments & dues

Annual budget prepared, adopted, approved per By-Laws; assessments established pursuant to budget; paid not less frequently than quarterly (Article IX, Paragraph A)

Special assessments

Board may levy Special Assessment against Units in proportion to each Unit's share of Common Expenses, if necessary to cover unanticipated expenditures; must be approved at duly called Board meeting with specific notice; funds used only for (Article IX, Paragraph B)

Reserves & fees

Annual budget shall include reserve accounts for future expenditures (Article IX, Paragraph A: 'reserve accoun)

Pets

Domestic cats and dogs permitted if they can be carried; parakeets and canaries permitted; subject to rules and regulations (Article XII: 'Parakeets and canaries are)

Leasing & rentals

Not explicitly stated; however 'no transient tenants may be accommodated' indicates no short-term rentals (Article X, Section A, Paragraph 6: 'no t)

Parking & vehicles

Assigned parking spaces are Limited Common Elements; Board assigns specific parking spaces and may change assignments in its sole discretion (Article XIV: 'Assigned parking spaces ar)

Insurance

Deductibles determined by Board, consistent with industry standards and prevailing practice for similar communities; may be based on available funds or predetermined assessment authority (Article XI, Section B, Paragraph 1)

Use restrictions

Unit shall be occupied and used as a single family private dwelling and for no other purpose (Article XII: 'The Owner of a Unit shall )

Voting & meetings

One vote per Unit; designated Voting Member; vote not divisible (Article IV: 'Each Condominium Unit shall)

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