Intrawest Resort Ownership Condo at Sandestin

Key facts from Intrawest Resort Ownership Condo at Sandestin's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 1.2: "submits the Land ... to th)

Developer / declarant

Intrawest Resort Ownership U.S. Corporation, a Delaware corporation (Declaration preamble)

Governing law

Florida Condominium Act (Chapter 718, Florida Statutes) (Section 2.1: "Act' means the Florida Con)

Assessments & dues

Board of Directors prepares budget and sets assessments; owners advised in writing (Section 12: "The Board of Directors shal)

Special assessments

Allowed, with approval thresholds (Section 13.2)

Collections & liens

Association has a lien on each Condominium Parcel for unpaid assessments; may foreclose as a mortgage; may also obtain money judgment (Section 13.3: "The Association has a lie)

Reserves & fees

Reserves required for roof replacement, building painting, pavement resurfacing, and other items >$10,000; computed based on estimated remaining useful life; can be waived by majority vote of members; Developer can waive for first 2 years (By-Laws Section 10.1)

Leasing & rentals

Not explicitly restricted; rent collection by receiver in foreclosure mentioned (Section 13.5) but no general leasing rules

Parking & vehicles

Limited Common Element parking spaces; each Unit initially entitled to one; Developer may assign; Association maintains; owner acknowledges flood risk (Section 3.3(b))

Architectural approval

Prior written consent of Board of Directors (and Master Association if applicable) required for any addition, alteration or improvement visible from other Units, Common Elements, or Common Properties/Roads (Section 9.1)

Signs & flags

Developer may erect signs; otherwise subject to ARC approval (Section 3.4(g), Section 9.1)

Maintenance

Owner: Unit interior, windows, interior doors, HVAC, plumbing, electrical, fixtures, appliances, floor coverings; also Limited Common Elements (parking, storage areas after assignment) and certain equipment. Association: Common Elements (st (Section 7.1, 7.2, 7.3)

Insurance

Casualty on Building (100% replacement cost), liability ($14,000,000 combined single limit per occurrence plus $100,000/$50,000), flood if required, fidelity bonds; deductibles set by Board (Section 14.2)

Use restrictions

Implied by condominium nature; not explicitly stated

Voting & meetings

Each Unit entitled to one vote (Section 5.2: "Each Unit shall be entitle)

Amendments

By Association: vote of >66 2/3% of voting interests; Material Amendments require owner and mortgagee joinder; Developer can amend unilaterally during control period except for Material Amendments; certain sections require Primary Instituti (Section 6.1 through 6.5)

Amenities

Not listed; recreational facilities mentioned in Section 9.2(b) but not specified

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