Atlantic Beach Cottages Homeowners Association, Inc.

Key facts from Atlantic Beach Cottages Homeowners Association, Inc.'s documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

The Cottages of Atlantic Beach

Governing law

Chapter 718, Florida Statutes (the Condominium Act) (Article I, page 5)

Assessments & dues

Monthly assessment guaranteed not to exceed $293.02 for first year (Article X.B: monthly assessment ... shal)

Special assessments

Allowed if budget insufficient or in emergencies (Article XVI.C: Board shall have authorit)

Reserves & fees

Required; computed based on estimated remaining useful life and replacement cost of each reserve item; initial two months assessment (Article XVI.D)

Leasing & rentals

One year (Article XIV.C: minimum terms of one year)

Parking & vehicles

Allowed only in designated areas (Article XIV.D)

Home business

Prohibited (Article XIV.F: No Unit may be used for c)

Maintenance

Unit owner responsible for unit interior; Association responsible for incidental damage from Common Element maintenance; insurance proceeds applied to repairs after deductible (Article XI.A (owner responsibility) and )

Voting & meetings

One vote per Unit (Article VIII.A: There shall be appurtena)

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