Railway Condominium Association Inc.

Key facts from Railway Condominium Association Inc.'s documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article I: "The condominium created by t)

Governing law

Florida Condominium Act (Chapter 718, Florida Statutes) as it exists on the date hereof (Article II.A)

Assessments & dues

Not fixed; determined by Board based on Common Expenses (Article VII.E: "The Board shall have the)

Special assessments

Permitted; requires approval by majority vote of Association membership at a duly called meeting with quorum (Article VII.E.3)

Collections & liens

Assessments constitute a lien against each Unit; lien effective upon recording notice of lien; may be foreclosed; 30-day notice required before foreclosure action; mortgagee protections apply (limited to lesser of 6 months assessments or 1% (Article VII.E.7 (a)-(i))

Reserves & fees

Required by Act; Common Expenses include all reserves required by the Act or otherwise established by the Association (Article II.J.1)

Pets

Permitted only as allowed by rules and regulations adopted by the Board from time to time (Article V.E: "Unit Owners, nor their gue)

Leasing & rentals

Limited; Units intended to be owner-occupied; leasing only permitted under Key West Work Force Housing Code with City's prior written approval; Developer may rent Units owned by Developer subject to Code and Master Lease (Article V.S)

Parking & vehicles

Prohibited (Article V.N: "No parking shall be permit)

Fences

Not directly addressed; alterations require consent; certain cross easements mention a fence between condominium and market rate units, but no general rule (Article VI.Q (fence separating propertie)

Architectural approval

Yes, prior written consent of Association required for alterations, improvements, changes to Unit, Limited Common Elements, or Common Elements; including changes to appearance, installation of electrical wiring, antennas, etc. (Article V.F; Article V.K (exterior chang)

Home business

Prohibited (Article V.A: "Units shall not be used fo)

Signs & flags

Prohibited without prior written consent of Association; Developer exception for sales signs (Article V.K; Article VI.I (Developer's r)

Maintenance

Not explicitly stated; roof is likely a Common Element (part of Building structure outside Unit boundaries) (Article III.D.1 (Unit boundaries do not )

Insurance

Not detailed; Act requires; Common Expenses include insurance for directors and officers (Article II.J.3 (insurance for directors )

Use restrictions

Yes (Article V.A: "Each Unit shall be used on)

Voting & meetings

One vote per Unit; when more than one owner, one vote determined among themselves; Voting Certificate may designate representative (Article IV.D; Article VII.B; definition )

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