Key Tex Shrimp Docks

Key facts from Key Tex Shrimp Docks's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article I)

Developer / declarant

Key-Tex Shrimp Company, Inc., a Florida corporation (Preamble)

Governing law

Florida Condominium Act (Chapter 718, Florida Statutes) (Article II.A)

Assessments & dues

Board adopts budget and levies assessments in proportion to Common Interest (Article VII E, F)

Collections & liens

Association may record notice of lien and foreclose; 30-day notice required before foreclosure action; lien secures all assessments, advances, costs, attorneys' fees. (Article VII E.7)

Reserves & fees

Required for capital expenditures and deferred maintenance, computed by Board based on estimated remaining useful life and replacement cost. Can be waived or reduced by majority vote. (Article VII G.1)

Leasing & rentals

Yes, but only in entirety of Unit; Association may prescribe a general lease form; tenant must comply with governing documents. (Article V.N)

Parking & vehicles

All vehicle parking within boundaries of Units; no parking on Reciprocal Access Easement or roadways; paved parking required. (Article V K)

Architectural approval

For Units 1-19, Association approval needed for alterations; Units 20 and 21 only need governmental approval. (Article VII I.1, I.2)

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