Truman Gardens Condominium Association, Inc.

Key facts from Truman Gardens Condominium Association, Inc.'s documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

Truman Gardens Condominium Association, Inc. (Article II.E, Article VII.A)

Governing law

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

Reserves & fees

Greater of $25.00 or five percent (5%) of each delinquent assessment or installment. (Article VII.E.4)

Pets

Yes, limited. (Article V.A)

Leasing & rentals

Yes, each Unit may be leased in its entirety. Lease term must be at least one (1) year. Leases for more than one (1) year subject to Association's prior written approval. Subleasing prohibited without Association approval. Association may t (Article V.E, Article VIII.E)

Insurance

Each Unit Owner shall obtain insurance for loss/damage to Unit and personal property. Also may obtain personal liability insurance. Policies must waive subrogation against other Unit Owners and Association. (Article IX.A, IX.B, IX.C)

Use restrictions

All Units shall be used for single-family residential purposes only. No more than one single-family dwelling per Unit. (Article V.A)

Voting & meetings

One (1) voting interest (vote) for each Unit. If more than one owner, one vote as they determine. Corporate owners designate a person. Developer has additional rights. (Article IV.D, Article VII.B)

Amendments

Change of undivided interest requires unanimous consent of Unit Owners and lienholders. Amendments due to condemnation require only majority of Board. (General amendment procedure not fully detailed; likely in Articles and By-Laws.) (Article IV.C, Article X.D)

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