Byron Waterview Condominium Association, Inc.

Key facts from Byron Waterview Condominium Association, Inc.'s documents

Reflects the 1978 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Throughout)

Units / lots

28 (original), changed to 15 by Second Amendment (Original Declaration Article V.B: "twent)

Governing law

Chapter 711 Florida Statutes (1963 as amended) – Condominium Act (Article III; Article XVII)

Assessments & dues

Determined annually by Board; first assessment set by Board (Article X.C)

Special assessments

Allowed for emergencies with Board approval; also for deficiencies in insurance reconstruction (must be levied against unit owners in proportion to common element share) (Article X.E; Article XII.G(9))

Collections & liens

Unpaid assessments become lien on unit and tangible personal property after recording a claim of lien (after 30 days past due); enforceable by suit or foreclosure; Association entitled to costs and attorneys fees (Article X.I, X.J.2)

Reserves & fees

Assessments may include a reasonable allowance for contingencies and reserves (Article X.C)

Leasing & rentals

Not restricted in this document; developer may lease unsold units without restriction (Article XV (developer's right))

Parking & vehicles

15 parking spaces (after amendment), each unit owner has exclusive right to use one parking space; assignment at discretion of developer (Second Amendment; Article V.B (original )

Voting & meetings

Majority defined as 51% of votes assigned to unit owners; references to percentage of unit owners mean percentage of such votes (Article II.N)

Amendments

Declaration amendments: notice of subject matter in meeting notice; resolution proposed by Board or members, then approved by all directors and 75% of members; copies to first mortgage holders 30 days before recording; written approval of m (Article XIII.A; XIII.B)

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