Island City House Hotel Condominium Association In

Key facts from Island City House Hotel Condominium Association In's documents

Community type

Condominium (Title and throughout)

Units / lots

26 total (24 Residential Units + 2 Commercial Units) (Article III B: "twenty-four (24) residen)

Developer / declarant

Old Island Hotels, Inc., a Florida corporation (First paragraph, page 7)

Governing law

Chapter 718, Florida Statutes (Florida Condominium Act) (Article I)

Age restriction

No age restriction; children permitted only when accompanied by adult. (Article V.M, page 10: 'Children shall be)

Assessments & dues

Board has power to fix, determine, and collect sums necessary and adequate for Common Expenses as provided in By-Laws (Article VII E)

Special assessments

Defined as any assessment other than those provided in Annual Budget; Board may levy (Article VII E 2) (Article II DD, Article VII E 2)

Collections & liens

Assessments constitute a lien; may be foreclosed; 30-day notice required before filing foreclosure; first mortgagee liability limited to lesser of 6 months assessments or 1% of original mortgage debt if joined. (Article VII.E.6, pages 18-19)

Reserves & fees

Reserves required by Act or established by Association for capital expenditures and deferred maintenance, and general operating reserve (Article VII G)

Pets

No pets allowed except service animals (e.g., seeing-eye dogs, Canine Companions for Independence) (Article V G)

Leasing & rentals

Yes, as transient rentals only; leases for Residential Units must not exceed 90 days; all transient rentals under Rental Management Agreement (Article V A, Article V V, Article V E)

Parking & vehicles

No off-street parking spaces provided for any Unit. (Article V.R, page 11: 'There are no off-)

Architectural approval

Yes, prior written consent of Association required for any alterations, improvements, or changes affecting appearance, including painting, wiring, antennas, etc. (Article V I)

Home business

Not allowed in Residential Units except as part of hotel services; Commercial Units may be used for ancillary commercial uses. (Article V.D, page 9: 'Commercial Units w)

Signs & flags

Residential Unit Owners may not affix exterior signs without Association consent; Developer/Transient Rental Manager may post signs for rental services (Article V O)

Insurance

Required; includes casualty, liability, flood, fidelity; proceeds held by trustee. (Article IX, pages 23-29 (TOC; details no)

Use restrictions

No: Residential Units are for temporary transient residential housing, not permanent residences; Commercial Units for ancillary commercial uses (Article V A, V D)

Voting & meetings

One vote per Unit; if multiple owners, one vote as owners determine; Voting Certificate designates authorized voter (Article IV D, Article II II)

Amendments

Proposed, noticed, adopted by members; certain amendments require 80% of voting interests and Developer consent; Developer may amend certain provisions without member vote during control period. (Article XV, pages 33-34)

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