900 Meridian Condominium Association, Inc.

Key facts from 900 Meridian Condominium Association, Inc.'s documents

Community type

Condominium (Title and throughout)

Governing law

Florida Condominium Act, Chapter 718, Florida Statutes (Article IX E references 'Section 718.111)

Assessments & dues

Board of Directors adopts budget and sets assessments (Article XIII A: 'The Association, throug)

Special assessments

Board may levy additional assessments if insufficient funds or emergency (Article XIII D: 'the Board of Directors )

Collections & liens

Association has lien for unpaid assessments (Article XIII title: 'Assessments; Liabil)

Reserves & fees

Reserve fund for replacement of common elements (Article XIII D 1: 'a sum to be collected)

Leasing & rentals

Leasing allowed without restriction or control (Article XVIII: 'The sale, lease or other)

Insurance

Each unit owner must purchase liability insurance for accidents within unit and insurance on personal property (Article XX L: 'Each individual unit owne)

Use restrictions

Single family residential purposes only (Article III H: 'A Unit may be used only )

Voting & meetings

One vote per unit (Article IX D: 'Each Unit shall be entitl)

Amendments

Declaration may be amended by 75% of board and 75% of membership, or 90% of membership, or until first board election by all directors. Errors/omissions may be corrected by 33-1/3% board and 10% of unit owners, or 25% of unit owners, or una (Article VIII A, 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.