Bonita Golf View Townvillas Stage I Condominium Association, Inc.

Key facts from Bonita Golf View Townvillas Stage I Condominium Association, Inc.'s documents

Reflects the 2000 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

BONITA GOLF VIEW TOWNVILLAS STAGE II CONDOMINIUM ASSOCIATION, INC. (Article I, Section 1.02)

Units / lots

217 (maximum) (Article XIII-A (page 12): 'Maximum Units)

Governing law

Florida Statutes Condominium Act (Chapter 718) (Preamble (referred to as Condominium Act)

Special assessments

May be levied for insurance deficiencies or condemnation costs (Article XIV, Section 14.06(5); Article X)

Collections & liens

Association has lien on condominium parcel for unpaid assessments; may foreclose like a mortgage (Article XXI, Sections 21.04 and 21.05)

Reserves & fees

Surplus from insurance proceeds may be retained as a reserve at Board's discretion (Article XIV, Section 14.08)

Leasing & rentals

Yes, with conditions (Article XV, Section 15.02)

Parking & vehicles

Automobile parking spaces are Limited Common Elements; initially assigned by Developer; unassigned spaces used by Developer for prospective purchasers; owners may only allow use by residing tenant (Article XIII, Section (1))

Insurance

If loss attributable to a particular unit, that unit owner bears deductible; if not, all damaged unit owners or all unit owners (if common elements only) bear pro rata (Article XIV, Section 14.17)

Use restrictions

Unit use must be consistent with laws of government authorities (implicitly residential) (Article XXII, Section 22.03)

Voting & meetings

One vote per unit; if multiple owners, one designated voter (Article V, Section 5.02)

Amendments

By 2/3 of unit owners executing an amendment with deed formalities, or by affirmative vote of 2/3 of voting members at a meeting; while developer controls board, board may amend with majority vote for non-material changes and without unit o (Article IX, Sections 9.01 and 9.02)

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