Palm Island Bay Villa's Condominium Association, Inc.

Key facts from Palm Island Bay Villa's Condominium Association, Inc.'s documents

Reflects the 2011 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Document title and Section 1)

Governing law

Florida Statutes Chapter 718 (Declaration Section 1, Page 1; Section 2)

Age restriction

Not present. (N/A)

Assessments & dues

By annual budget adopted by the Association. Special Assessment defined as any assessment other than the budgeted annual assessment. (Section 2 "Special Assessment" (Page 4):)

Special assessments

Defined; may be levied without limit? Not specified. (Section 2 "Special Assessment" definitio)

Collections & liens

Addressed in Article 17 (not fully provided). The Declaration includes Article 17 titled "LIENS" on Table of Contents. (Table of Contents, Article 17)

Pets

Regulated by Section 26.01(n) PETS (full text not provided). (Table of Contents lists Section 26.01(n))

Leasing & rentals

Only the entire Unit may be leased. No portion of a Unit less than the entire Unit shall be leased or subleased. Leasing is defined as receipt of consideration. Subsection 26.01(m) can only be amended with 80% vote. Future amendments that i (Amendment to Declaration, Section 1: "On)

Architectural approval

Yes, Association approval required for many improvements and alterations (Section 26.01(ff), Section 9.01(c)). (Section 26.01(ff) ASSOCIATION APPROVAL ()

Signs & flags

Regulated by Section 26.01(f) SIGNS (full text not provided). (Table of Contents lists Section 26.01(f))

Setbacks / home size

Two stories (as described for each building). (Section 3.02: "two-story building")

Maintenance

Not explicitly stated, but likely Common Element (part of building structure). (Section 7.01(a)(2) includes improvements)

Use restrictions

Not explicitly stated, but Section 26.01(g) "Commercial or Business Use" implies restriction. Not provided in full. (Table of Contents lists Section 26.01(g))

Voting & meetings

Each Unit has one (1) vote. Total Voting Interests = 32. (Section 2 "Total Voting Interests" (Page)

Amendments

Generally by amendment of Declaration (Article 29). Specific amendment to Section 26.01(m) requires 80% of Total Voting Interests. Amendment to increase leasing restrictions only applies to those who voted in favor and future owners. Amendm (Amendment Section 1; Section 26.01(m) as)

Amenities

Phase III (if built) includes swimming pool, pool deck, tiki hut, pool restrooms, fitness center, picnic area, charcoal grill pad. Also common area landscaping, lighting, fencing, gates, etc. Not yet constructed. (Section 3.07: "If added, Phase III will )

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