Villas Amantea

Key facts from Villas Amantea's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title and Section 1)

Developer / declarant

Villas Amantea, LLC (First page)

Governing law

Chapter 718, Florida Statutes, the Condominium Act (Section 2(m) Condominium Act)

Assessments & dues

Association through Board of Directors estimates Common Expenses and assesses sufficient monies from Unit Owners; each Unit pays 1/2 share (undivided one half) of Common Expenses (Section 8(a), Section 9(a), Section 14(c)

Special assessments

Allowed if Board determines assessments insufficient or in emergencies (Section 14(d))

Collections & liens

Association has a lien on each Condominium Unit for unpaid assessments (effective from recording of Declaration; for first mortgages, effective from recording of claim of lien). Association may foreclose like a mortgage or seek money judgme (Section 14(f) and 14(i))

Reserves & fees

Association may create contingency or reserve requirements for replacements and operating deficiencies; reserves must be used for intended purposes unless majority votes otherwise. (Section 14(b) and Section 15(c)(1))

Pets

Yes, but prospective purchasers and tenants must disclose type and weight of any pets owned. (Section 19(a) and 19(b))

Leasing & rentals

Yes, but with restrictions: minimum lease term is the lesser of 30 days or period to avoid classification as public lodging establishment; no more than three (3) leases per calendar year; no time-share use. (Section 19(b))

Insurance

Association obtains casualty insurance on Common Elements and Units for full replacement value, and liability insurance, workers' compensation, flood insurance, fidelity bonds, and other insurance as determined. (Section 17(a) and 17(b))

Use restrictions

Each Condominium Unit shall be used only for the purpose of a residence. (Section 21(a))

Voting & meetings

One vote per Condominium Unit; if multiple owners, must designate a voting member (except husband and wife). Corporations/partnerships designate by certificate. (Section 11(c) and 11(d))

Amendments

By affirmative vote of 67% of Unit Owners at a meeting called pursuant to Bylaws. For correction of errors, 51% of members present or by proxy. Developer may amend during control period. Mortgagee consent not required unless material change (Section 12(a), 12(b), 12(c), 12(e))

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