Poinciana Heights

Key facts from Poinciana Heights's documents

Reflects the 1997 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Section 1: "POINCIANA HEIGHTS, A CONDOMI)

Legal name

POINCIANA HEIGHTS, A CONDOMINIUM

Developer / declarant

Binder Building Company, Inc. (Opening paragraph)

Governing law

Florida Condominium Act (Chapter 718) (Section 2.2: "Florida Condominium Act")

Assessments & dues

Board prepares annual budget and determines assessments (Section 15: "The Board of Directors shal)

Collections & liens

Association has lien for unpaid assessments and may foreclose like a mortgage (Section 15.2 and 15.3)

Reserves & fees

Developer may waive reserves for first two years prior to turnover (Section 15.3: "prior to turnover ... Dev)

Architectural approval

Yes, for alterations visible from street (Section 11: "visible from the street sur)

Maintenance

Owner responsible for Unit and Limited Common Elements; Association responsible for Common Elements (Section 9 and 9.1)

Insurance

Reasonable deductible as determined by Board (Section 16.2(a): "reasonable deductible )

Use restrictions

Units are defined as Residential Units, but no explicit restriction to residential use only (Section 3.22: "Residential Unit means a )

Voting & meetings

Each Unit entitled to one vote (Section 7.2: "Each Unit shall be entitle)

Amendments

By Association with 75% vote; Developer may amend unilaterally for specific purposes during control period (Section 8.1 and 8.2)

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