Netherlands Neighborhood Association, Inc.

Key facts from Netherlands Neighborhood Association, Inc.'s documents

Community type

Condominium (Article I (Definitions) – F: 'that form )

Legal name

Bays Water Condominium

Developer / declarant

Advent Bay Company N.V.

Governing law

Condominium Act of the State of Florida (Chapter 718 of Florida Statutes) (Article I G)

Assessments & dues

Board of Directors has power to fix and determine sums necessary for common expenses (Article X: 'the Association, through its)

Special assessments

Permitted for insurance deficiency, alterations benefiting certain owners, etc. (Article XII B.5(e) (insurance deficiency)

Collections & liens

Association has lien on each Condominium parcel for unpaid assessments, interest, costs, attorney's fees; can foreclose, bid at sale, appoint receiver to collect rent (Article X)

Reserves & fees

Screening fee not to exceed $50.00 (Article XI A.1(d))

Pets

Domestic cats, dogs, and birds in cages allowed (Article XIII)

Leasing & rentals

Yes, but subject to Association approval (Article XI)

Parking & vehicles

18 individual parking spaces designated as limited common elements; assigned to first 18 unit owners who purchase one of 19 specified units on first-come, first-served basis at time of contract (Article XV)

Architectural approval

Prior written consent of Association required for structural alterations, changes to exterior, floor covering changes, any alteration to common elements or limited common elements (Article XIV C.2,3)

Use restrictions

Unit shall be occupied and used as a single-family private dwelling for owner and family and social guests; for no other purpose (Article XIII)

Voting & meetings

One vote per unit; each unit owner designates one Voting Member; vote is not divisible (Article V)

Amendments

Declaration may be amended by affirmative vote of not less than 2/3 of total vote of members at meeting; amendment must be recorded; no change to parcel, common expense share, voting rights without owner and mortgagee joinder; no change aff (Article VII)

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