29 Santillane Avenue Condominium Association, Inc.

Key facts from 29 Santillane Avenue Condominium Association, Inc.'s documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Cover page; Prospectus Article I, page 4)

Governing law

Florida Statutes Chapter 718 (Condominium Act) (Declaration Section 4; Prospectus Articl)

Assessments & dues

By Board of Directors; based on budget and common expenses (Declaration Section 8; Prospectus Articl)

Special assessments

Yes, for reconstruction after casualty if insurance insufficient; also for capital expenditures and deferred maintenance (reserve accounts established by Developer) (Declaration Section 11.2(b), page 28 of )

Collections & liens

Assessments can be secured by lien (implied by reference to F.S. 718.116 and 'charge'), but specific foreclosure procedure not detailed (Declaration Section 4.5, page 15 of 158;)

Reserves & fees

Developer elected to establish reserve accounts for capital expenditures and deferred maintenance in lieu of statutory warranties (Prospectus Article IV, page 5 of 158)

Pets

Yes, with restrictions (Prospectus Article VIII.H, page 7-8 of 1)

Leasing & rentals

Yes, subject to restrictions and Association approval (except Developer sales) (Declaration Section 13, page 30 of 158; )

Parking & vehicles

Commercial vehicles prohibited; exception for developer and association vendors while working (Prospectus Article VIII.E, page 7 of 158)

Architectural approval

Yes, for any changes to exterior appearance (including window coverings, balcony tile, etc.) (Prospectus Article VIII.I, pages 7-8 of )

Home business

Permitted if customary incident to residential use (e.g., professional library, records, phone calls) (Declaration Section 12.3, page 29 of 158)

Signs & flags

One portable U.S. flag allowed; on Armed Forces Day, Memorial Day, Flag Day, Independence Day, Veterans Day, portable official military flags allowed (not larger than 4.5 x 6 feet) (Prospectus Article VIII.I, pages 7-8 of )

Setbacks / home size

Building has 3 stories (existing structure) (Prospectus Article I.B, page 4 of 158)

Maintenance

Association (common elements – building exterior) (Declaration Section 6.1 (Association mai)

Insurance

Association pays all policy deductible amounts (Declaration Section 10.5, last sentence,)

Use restrictions

Yes, one family per unit plus guests; personal professional use allowed (library, records, calls) (Declaration Section 12.3, page 29 of 158)

Voting & meetings

Voting interests distributed per F.S. 718.104(4)(f); common element shares apportioned equally (Declaration Section 4.25, page 17 of 158)

Amendments

By 67% of voting interests; Developer may amend unilaterally pre-turnover; amendments requiring mortgagee approval (51% of institutional first mortgagees); correctory amendments by Board alone (Declaration Section 15, pages 34-35 of 1)

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