Beach Colony Condominium Association, Inc.

Key facts from Beach Colony Condominium Association, Inc.'s documents

Community type

Condominium (Section 1.3)

Governing law

Florida Condominium Act (Chapter 718) (Section 1.2, 2.1)

Assessments & dues

$230.75 per month during Interim Assessment Period ($2769 per year) (Section 13.9)

Collections & liens

Association has a lien on each condominium parcel for unpaid assessments, interest, and attorney's fees; foreclosure permitted with 30 days' notice; lien relates back to April 1, 1992 or recording date (Section 13.2, 13.3)

Reserves & fees

Reserve funds must be maintained separately from operating funds (Section 13.8)

Parking & vehicles

Each unit has a two-car garage; driveway for each unit (Section 3.1, 3.3(a))

Fences

Interior portion of fence/wall maintained by unit owner; exterior portion by Association; gate repair/replacement subject to Association approval for uniformity (Section 3.3(b))

Architectural approval

Prior written consent of Board required for any addition, alteration, or improvement to unit, common elements, or limited common elements (Section 9.1)

Maintenance

Roof is common element maintained by Association; skylights installed by developer are limited common elements maintained by unit owner (Section 3.3(c))

Insurance

Reasonable deductible as determined by Board (Section 14.2(a))

Voting & meetings

Each unit gets one vote; one vote per unit regardless of number of owners (Section 5.2)

Amendments

Amendments may be by (a) Unit Owners owning >55% of units and 66 2/3% of Board, or (b) Unit Owners owning >75% of units; Developer may amend without consent as permitted by Act. Certain changes require joinder of affected owners and mortgag (Section 6.1, 6.2, 6.4)

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