4951 University Condominium Association, Inc.

Key facts from 4951 University Condominium Association, Inc.'s documents

Reflects the 2025 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

4951 University Condominium Association, Inc.

Developer / declarant

University Realty Ventures, LLC

Governing law

Florida Condominium Act (Chapter 718) (Preamble; Article II(a))

Assessments & dues

Based on estimated budget for anticipated expenses, due in advance on a monthly basis (Article XVI.1: 'Such payments shall be b)

Special assessments

Board may levy if assessments insufficient or emergency; written notice 14 days prior for non-emergency meetings; funds used only for stated purpose (Article XVI.10: 'Should the assessments )

Collections & liens

Association has lien on each condominium parcel for unpaid assessments, interest, late fees, costs, attorney's fees; lien effective from recording of Declaration except as to first mortgages; claim of lien must be recorded; foreclosure acti (Article XVI.3, 6, 7)

Reserves & fees

Required by Act; may be waived in whole or in part by vote of majority of Unit Owners as per §718.112(2)(f) (Article XVI.1: 'The budget shall include)

Leasing & rentals

Implied from Article XI.10 which regulates amendments prohibiting renting (Article XI.10: 'Amendments affecting Rig)

Architectural approval

Unanimous consent of Board of Directors required for alterations, additions, or decorations to common elements, limited common elements, or any portion of unit visible from outside; interior alterations not visible require permits and licen (Article XIX(a): 'No Unit Owner shall mak)

Signs & flags

Unit Owner may display one portable, removable US flag in a respectful way; on Armed Forces Day, Memorial Day, Flag Day, Independence Day, Veterans Day may display official military flags not larger than 4.5 ft x 6 ft; Association may not r (Article XIX(b): 'any Unit Owner may disp)

Maintenance

Not explicitly stated; roof is part of building common elements unless separately defined; likely Association responsibility (Article XIV.1 includes 'portions of the )

Insurance

Reasonable deductibles as determined by Board (Article XVIII.1(a): 'Adequate insurance )

Voting & meetings

One vote per condominium parcel, exercised by Unit Owner (Article IX: 'There is hereby allocated o)

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