The 514 Santander Condominium Association, Inc.

Key facts from The 514 Santander Condominium Association, Inc.'s documents

Reflects the 1976 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Preamble: 'does hereby submit the said l)

Legal name

THE 514 SANTANDER CONDOMINIUM ASSOCIATION, INC.

Developer / declarant

Alonso Del Portillo and Zonia Del Portillo (Signature page: 'Alonso Del Portillo and)

Governing law

Chapter 711 Florida Statutes (Preamble: 'pursuant to the presently exi)

Assessments & dues

Association fixes sum necessary for common expenses, assesses members (Article 6: 'The Association shall fix, a)

Collections & liens

Association has lien for unpaid assessments, may foreclose like mortgage; may also sue for money judgment (Section 6.2: 'The Association shall have)

Reserves & fees

Not required; working capital fund may be used for start-up expenses and deficiencies (Section 6.5: 'shall not be set up as a r)

Pets

Yes, under regulations established by Association (Section 10.1(a)(1): 'Keep pets or other )

Leasing & rentals

Yes, entire units may be rented after Association approval (Section 10.5: 'entire apartments may be )

Architectural approval

Yes, for alterations to portions maintained by Association; also for structural additions/alterations (Section 5.1(c): 'neither an apartment ow)

Signs & flags

Prohibited except as per uniform regulations of Association (Section 10.1(a)(3): 'Show no sign, adver)

Maintenance

Association maintains common elements, limited common elements (except balconies), structural portions of units, utility facilities serving multiple units; Owner maintains interior surfaces, balconies, etc. (Section 5.1(a) and (b): detailed lists)

Insurance

Casualty insurance on buildings and improvements (fire, extended coverage, vandalism), public liability, workers compensation, and other insurance as determined (Section 8.2: 'Casualty ... all buildings)

Use restrictions

Yes, single family private dwelling (Section 10.1: 'occupy his apartment as a)

Voting & meetings

Each unit owner votes based on ownership; percentage of common elements determines share (Section 7.6: 'decision of an apartment o)

Amendments

By resolution of Board or owners owning 10% of apartments; requires 66 2/3% of Board plus 51% of owners, or all owners; during developer control, only board approval needed. Certain amendments require mortgagee consent. (Article 13 generally; Section 13.2(a), ()

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