1800 Biscayne Plaza Condominium Association, Inc.

Key facts from 1800 Biscayne Plaza Condominium Association, Inc.'s documents

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

Community type

Condominium (Page 1, Submission Statement)

Units / lots

206 (Page 3, Section IV, Section 1)

Governing law

Chapter 718, Florida Statutes (Florida Condominium Act) (Page 1, Submission Statement; Page 2, de)

Assessments & dues

Based on estimated budget for anticipated expenses. Budget includes reserves unless waived by unit owners. Assessments levied against unit owners in proportion to percentage of common expenses (based on square footage, Exhibit B). (Page 14, Section 1)

Special assessments

Defined as any assessment levied other than budget assessment. Not otherwise limited (subject to voting? No specific cap). (Page 2, definitions (v) "Special assessm)

Collections & liens

Association has lien on each condominium parcel for unpaid assessments, interest, late fees, costs, and reasonable attorney's fees. Lien effective from recording of original declaration (except first mortgages). Foreclosure provisions in Co (Page 14-15, Sections 3, 4)

Reserves & fees

Budget shall include reserve accounts required by Condominium Act unless waived by unit owners. (Page 14, Section 1)

Leasing & rentals

Not expressly prohibited; amendments restricting rental rights apply only to consenting owners and future purchasers. (Section 10). Commercial units may have separate rules. (Page 11, Section 10)

Architectural approval

Yes, for alterations to common elements or any portion of unit visible from outside (unanimous consent of Board). For alterations totally within unit and not visible, written approval required, not to be unreasonably withheld. (Page 19, Article XVIII)

Signs & flags

Unit owner may display one portable, removable United States flag in a respectful way (as exception to alteration restriction). (Page 19, Article XVIII (last sentence))

Maintenance

Association (common element). (Page 12, Article XIII (common elements i)

Insurance

Reasonable deductibles as determined by Board. (Page 15, Section 1(a))

Use restrictions

Not explicitly defined; association can make rules and regulations respecting use. (Page 5, Section 3(f))

Voting & meetings

One vote per unit. Unit owners (members). Voting certificate for non-natural persons. Voting for Directors by Class: Class A (residential) and Class B (commercial). Voting as provided in Bylaws. (Page 7, Article IX)

Amendments

Article XI: General amendments require majority of Board + approval of 2/3 unit votes. Some provisions require written consent of Institutional Mortgagees holding 51% of units (if affecting reconstruction, termination, voting, assessments, (Pages 9-11, Article XI)

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