1701 Meridian Building Condominium Association, Inc.

Key facts from 1701 Meridian Building Condominium Association, Inc.'s documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (First paragraph: 'submitted to condomini)

Governing law

Chapter 718, Florida Statutes (Florida Condominium Act) (Preamble: 'pursuant to Chapter 718, Flor)

Assessments & dues

Set annually by Board in budget; not fixed (Article XII A: 'prepare a budget ... det)

Special assessments

Allowed if operating Budget insufficient; defined as nonrecurring charge (Article I U: 'Special Assessments' and A)

Collections & liens

Association shall have lien on Condominium Parcel for unpaid assessments, interest, attorney's fees; may foreclose like mortgage (Article XII D: 'Association shall have a)

Reserves & fees

Required; may be waived or reduced by owners in accordance with Act (Article XII A: 'Budget shall include res)

Leasing & rentals

Not explicitly prohibited; receiver of rent provision implies leasing allowed (Article XII D2: 'appointment of a receiv)

Architectural approval

Yes, prior written consent of Board required for any additions, alterations, improvements, or changes in appearance (Article XI A: 'without obtaining the pri)

Maintenance

Unit owner: interior surfaces, limited common elements, equipment serving only unit, hurricane shutters. Association: common elements, common expenses (as defined). (Article X A and X B, and Article X B: 'A)

Insurance

Determined by Board (Article XIII C: 'The Board of Directors )

Voting & meetings

Each Unit entitled to one (1) vote (Article VII, B: 'Each Unit shall be enti)

Amendments

General amendments: proposed by Board or 1/3 members, approved by majority of unit owners present at meeting (Article IX A1). Developer may amend to correct errors without owner consent (Article IX A2). Mortgagee consent required for amendm (Article IX A, B, D, E)

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