Pelican Cove Condominium (FL)

Key facts from Pelican Cove Condominium (FL)'s documents

Reflects the 1995 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Section 1.01, 2.01, 3.06)

Legal name

Pelican Cove Condominium Association, Inc. (Section 3.02)

Governing law

Florida Condominium Act (Chapter 718, Florida Statutes) (Section 3.07)

Assessments & dues

Board of Directors fixes and determines assessments necessary for Common Expenses and other obligations (Section 11.01, Bylaws Section 9.3)

Special assessments

Special assessments may be levied by the Association as provided in Bylaws Section 9.5 (Bylaws Section 9.5 (table of contents) a)

Collections & liens

Association has a lien on each condominium parcel and tangible personal property within the unit for unpaid assessments, late charges, interest, attorney's fees; may foreclose. Lien prioritized per Condominium Act. (Section 11.03)

Reserves & fees

Association may establish reserve accounts for capital improvements, replacements, working capital; assessments for reserves may be waived by Unit Owners pursuant to statute. (Section 17.01)

Pets

Subject to rules of Board; Board may prohibit pets or establish terms; lease covenant must state no pets allowed. (Section 20.10, 15.05)

Leasing & rentals

Yes, with restrictions (Section 15)

Parking & vehicles

Each Unit has exclusive use of one covered automobile parking space as assigned by Association. (Section 7.02)

Home business

Business, professional, or non-residential activities are limited per Bylaws Section 12.1.7 (Bylaws Section 12.1.7)

Insurance

Association obtains fire, windstorm, extended perils, vandalism, malicious mischief insurance covering Common Elements, Association Property, and portions of units as required by law. Also flood insurance and other insurance as determined. (Section 14.01, 14.02, 14.06)

Use restrictions

Each unit used only as a single family residence (Section 16.01(a))

Voting & meetings

Each Unit Owner is a Voting Member; one vote per member (equal voice and vote) (Section 10.01, Bylaws Section 2.3)

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