Flagler Square Condominium Association

Key facts from Flagler Square Condominium Association's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Article I, 1.1)

Units / lots

3 (Unit 1, Unit 2, Unit 3 referenced in text) (Article VIII, 8.2; Article X, 10.11, 10.)

Developer / declarant

FLAGLER SQUARE - JAX, INC., a Florida corporation (Preamble)

Governing law

Chapter 718, Florida Statutes (Article I, purpose; Article II, 2.3)

Assessments & dues

Not fixed; set by annual budget of Association (Article XIII, 13.9; Article XV, 15.1)

Special assessments

Allowed; may be levied by Board of Directors for common expenses or Limited Common Elements (Article XIII, 13.12)

Collections & liens

Association has lien on Unit for unpaid assessments, including other charges; may foreclose; Association may bid at sale; first mortgagee after foreclosure liable for limited assessments (Article XV, 15.3, 15.4)

Reserves & fees

Mandatory reserves for roof repair/replacement, repainting, resealing/restriping parking areas and sidewalks, and other items required by FS 718 (Article VIII, 8.4)

Leasing & rentals

Implied (existing Dollar Tree lease); no general prohibition; see Bylaws for details (Article X, 10.12; Article 10.11 mentions)

Parking & vehicles

All parking spaces are Common Elements, available for non-exclusive, unallocated use of all Units (Article XI)

Architectural approval

Alterations to portions maintained by Association require written approval of Board of Directors; non-structural alterations within Unit require 10-day notice but not prior consent (Article IX, 9.1.5, 9.1.7)

Signs & flags

Individual signs must comply with zoning; no signs on Common Elements without approval; Unit 1 has existing pylon sign rights; Unit 2 and 3 have rights to remaining spaces; 'For Sale' signs prohibited without consent (except Declarant) (Article X, 10.5, 10.6)

Maintenance

Two separate roof systems: one for Units 1 & 2, one for Unit 3; repair/replacement cost shared per Exhibit 3 among those Units; negligence by Unit Owner results in sole responsibility (Article VIII, 8.2)

Insurance

Association purchases casualty (fire, extended coverage, flood if applicable, vandalism, malicious mischief) on buildings and personal property; public liability; workers comp; other insurance as Board determines (Article XIV, 14.1, 14.2)

Voting & meetings

Weighted voting based on percentage of ownership in Common Elements as set forth in Exhibit 3; one voting member per Unit, designated by co-owners or entity (Article XIII, 13.7)

Amendments

By majority vote of voting interests at meeting or written consent; material amendments require joinder of affected Unit Owner and all lienors and all other Unit Owners; Declarant may amend without vote to correct errors or omissions that d (Article XVII, 17.1, 17.3, 17.4, 17.5, 17)

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