Simonton Condominium Association Inc.

Key facts from Simonton Condominium Association Inc.'s documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Article I - Creation of Condominium)

Legal name

Simonton Condominium Association, Inc.

Developer / declarant

Sun Source Realty LLC

Governing law

Florida Condominium Act (Chapter 718, Florida Statutes) (Article II, definition of 'Act')

Assessments & dues

Board shall fix, determine and collect sums necessary for Common Expenses based on annual budget (Article VII.E and F)

Special assessments

Allowed if assessments insufficient or emergency; requires majority vote of Association membership at duly called meeting with quorum; purpose must be stated in notice (Article VII.E.2)

Collections & liens

Assessments constitute a lien; notice of lien recorded; foreclosure action may be filed at least 30 days after written notice of intent to foreclose; rent receiver may be appointed (Article VII.E.6)

Reserves & fees

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

Pets

Yes, in accordance with Rules and Regulations (Article V.D)

Leasing & rentals

Yes, subject to Association's rules and regulations (Article V.P)

Architectural approval

Prior written consent of Association required for improvements or changes that change appearance; exceptions for certain AC installations and hallway alterations (Article V.E)

Maintenance

Unit Owner responsible for all maintenance, repairs, replacements of Unit; Association responsible for Common Elements (Article VII.J)

Insurance

Building including fixtures within unit boundaries, hazard, windstorm, and flood if 100% owners consent; liability with combined single limit not less than $1,000,000 per accident, $100,000 per person, $50,000 property damage (Article IX.B and C)

Use restrictions

Prohibited; defined by Association; examples may be set in Rules and Regulations (Article V.G)

Voting & meetings

One vote per Unit; vote based on Unit's Percentage Interest (each 25%) (Article IV.D)

Amendments

For change of undivided interest: unanimous consent of Unit Owners and record lien holders; for alterations to Common Elements by Association: written consent of 100% Unit Owners; for limited common element alterations: amendment recorded (Article IV.C; Article VII.I.2; Article V)

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