The Belmont II at St. Lucie West Condominium Association, Inc.

Key facts from The Belmont II at St. Lucie West Condominium Association, Inc.'s documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

THE BELMONT II AT ST. LUCIE WEST CONDOMINIUM ASSOCIATION, INC. (Section 1.02)

Governing law

Florida Condominium Act (Chapter 718, Florida Statutes) (Introduction, Condominium Act)

Special assessments

Allowed for insurance deficiency and condemnation; may be levied by Board (Sections 14.05(5), 14.18(5)(d))

Reserves & fees

Greater of $25.00 or 5% of each delinquent installment (Section 21.03)

Leasing & rentals

Yes, subject to conditions (Section 15.02)

Architectural approval

Prior written consent of Board of Administration required for alterations, decorations, repairs to Common Elements or exterior portions; also for balconies, patios, terraces, screens, jalousies (Sections 22.06, 22.13, 22.14)

Use restrictions

Unit must be used for permanent residential use consistent with laws (Section 22.03)

Voting & meetings

One vote per Unit owned; if multiple owners, designate one; corporate owner designates officer; vote not divisible (Section 5.03)

Amendments

By 2/3 vote of Unit Owners or by Board while Developer controls Board; Developer may amend to meet governmental requirements without Unit Owner consent; certain amendments require mortgagee consent and affected Unit Owner joinder (Sections 9.01, 9.02, 9.03)

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