Bleau Grotto Condominium Association, Inc.

Key facts from Bleau Grotto Condominium Association, Inc.'s documents

Units / lots

170 (Section 3.1)

Governing law

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

Assessments & dues

Board of Directors prepares Budget for Common Expenses at least annually and determines assessments; general assessments collected monthly or quarterly (Section 13.1, 14.7)

Special assessments

Allowed; if aggregate in any year exceeds $10,000 or causes total assessments to exceed 115% of prior year, requires majority vote of Owners represented at a meeting (Section 13.2(c))

Collections & liens

Association has a lien on each Condominium Parcel for unpaid assessments, interest, and attorney’s fees; may foreclose like a mortgage (Section 14.2)

Reserves & fees

Required by Florida Condominium Act or as established by Association; included in Common Expenses (Sections 2.10, 13.1)

Voting & meetings

Each Unit entitled to one vote, cast by its Owner (Section 5.2)

Amendments

By affirmative vote of 66 2/3% of all Condominium Parcels at a duly called meeting; Developer may amend unilaterally for specified purposes until turnover of control (Section 6.1, 6.2)

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