Finale, at Sand Key Condominium Association, Inc.

Key facts from Finale, at Sand Key Condominium Association, Inc.'s documents

Reflects the 2014 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 1: Name)

Units / lots

0 (condominium, not lots) (Not applicable; condominium structure)

Governing law

Chapter 718, Florida Statutes (Condominium Act) (Section 1, Section 2.1)

Assessments & dues

Not set in Declaration; set by Association per budget. (Section 9(a): Budget prepared by Associa)

Special assessments

Not explicitly mentioned but implied through assessment for common expenses. (Section 9(b): 'Assessments against each )

Collections & liens

Association has lien for unpaid assessments; can foreclose. Lien relates back to recording of Declaration except first mortgages effective from recording claim of lien. (Section 9(b)(2): detailed lien and forec)

Reserves & fees

Up to $100 or other amount allowed by law. (Section 13(a)(2): 'may impose a transfer)

Leasing & rentals

Yes, with restrictions. (Section 13(a)(1))

Architectural approval

Yes, for modifications, alterations, painting, etc. to Common Elements or Limited Common Elements; approval may be arbitrarily withheld. (Section 8(b)(3): 'not modify, alter, pai)

Signs & flags

Not specifically addressed; Developer allowed to erect signs for sales (Section 6(f)). (Section 6(f): 'to erect on the Condomini)

Maintenance

Not explicitly stated; roof is part of building, likely Common Elements (Association). (Section 8(a)(1)(i) says Association main)

Insurance

Association must obtain casualty insurance on buildings and improvements (insurable replacement value), and personal property in Common Elements. Also public liability insurance, workers comp, fidelity bond. (Section 11(c))

Use restrictions

Yes (residential condominium). (Section 2.13: 'Usage of the Condominium )

Voting & meetings

Each Unit entitled to one (1) vote in the Association. (Section 10(b): 'Each Unit shall be entit)

Amendments

Section 18 (title only); not detailed in excerpt. However, Section 8(c) states no material change to unit size or common expense share without unit owner and lienholder joinder and approval of all other unit owners. Section 8(e) allows Deve (Section 8(c) and (e))

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