Anastasia Coral Gables Condominium Association Inc.

Key facts from Anastasia Coral Gables 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: "submitted to condominium own)

Governing law

Chapter 718, Florida Statutes (Condominium Act) (Section 1, Section 2.4)

Assessments & dues

Initial guaranteed regular monthly assessment: $477.88 without reserves, $668.50 with reserves; annually $5,734.54 without reserves, $8,022.00 with reserves. (Section 12.2)

Special assessments

Capital additions, alterations or improvements to Common Elements costing in excess of $5,000 in aggregate in any calendar year must be approved by a majority of Units represented at a meeting with a quorum. (Section 8)

Collections & liens

Association has a lien on each Condominium Parcel for unpaid Assessments, interest, attorneys' fees, and costs. Lien may be foreclosed in the manner of a mortgage foreclosure. (Section 13.3, Section 13.6)

Reserves & fees

Common Expenses may include reserves if required by law. Developer may waive reserves for the first 2 fiscal years prior to turnover. (Section 12.1, Section 13.5)

Parking & vehicles

Unit Owners park in the garages of their Unit. The driveway adjacent to each Unit is a Limited Common Element of that Unit. The Association may contract with a towing company for illegally parked vehicles. (Section 3.4(c))

Architectural approval

Board must answer a written request within 30 days after the request and all additional information is received; failure to do so constitutes consent. (Section 9.1)

Signs & flags

A Unit Owner may display one portable, removable United States flag in a respectful way notwithstanding any Declaration rules or requirements. (Section 9.1 (last sentence))

Use restrictions

Units are intended for residential uses. (Section 2.30: "intended for residential )

Voting & meetings

Each Unit is entitled to one vote, cast by its Owner. (Section 5.2)

Amendments

Except as otherwise provided, the Declaration may be amended by at least two-thirds (2/3) of the voting interests present and voting, in person or by proxy, at a meeting called for that purpose. Developer may amend during control period for (Section 6.1, 6.2, 6.3, 6.4)

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