Ocean Trail Unit Owners Association, Inc.

Key facts from Ocean Trail Unit Owners Association, Inc.'s documents

Governing law

Chapter 718, Florida Statutes (Condominium Act), 1987 version applicable (Court opinion, pp. 3-4, referencing §718)

Special assessments

The Board may levy special assessments; e.g., $500 special assessment for litigation costs (court case) (Court opinion, page 2; Rules and Regulat)

Collections & liens

In the event of a lien for unpaid fees, rental monies shall be paid directly to the Association until the balance is satisfied (Rules and Regulations, Owners section 2)

Reserves & fees

$100 non-refundable application fee for sale of unit (payable by buyer) (Application for Sale of Unit)

Leasing & rentals

Yes, but minimum lease term of 30 days; no sub-leases; Board approval required; application with $100 non-refundable fee; background check may apply (Rules and Regulations, Rentals section)

Architectural approval

Yes; all construction, electrical installations, wall alterations, flooring changes must be reported and approved in advance by Management Office (Rules and Regulations, Home Improvement )

Home business

Prohibited (commercial enterprises not permitted) (Same as above)

Use restrictions

Yes; commercial enterprises or occupancies related to commercial activity are not permitted (Rules and Regulations, Rentals and Overn)

Amenities

Pool, Jacuzzi, recreation room, exercise room, Wi-Fi room, library, tennis courts, walking trail, clubhouse with kitchen and meeting room; additional pool and Jacuzzi near tennis courts (Rules and Regulations, Ocean Trail Commo)

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