Retreat Time Condominium

Key facts from Retreat Time Condominium's documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Throughout document: 'Condominium')

Legal name

Retreat Time Condominium Association, Inc. (Section 2.D: Association means RETREAT T)

Developer / declarant

Retreat Time Inc., a Florida corporation (Preamble: Retreat Time Inc., a Florida C)

Governing law

Florida Condominium Act, Chapter 718, Florida Statutes (Section 1.E: The Florida Condominium Act)

Assessments & dues

Not set; determined annually by Board budget. (Section 13.A: Board shall prepare and ad)

Special assessments

May be levied by Board; if total in any year exceeds $20,000, must be approved by majority of units present and voting. (Section 13.B: Special Assessments may be)

Collections & liens

Association has lien on each condominium parcel for unpaid assessments, interest, fees. Lien relates back to recording of original declaration for most purposes, but as to first mortgages effective from recording of claim of lien. Foreclosu (Section 14.D and 14.F: Lien on each Cond)

Reserves & fees

Reserves required by law or determined appropriate by Board are included in common expenses budget. (Section 13.A: The budget for Common Expe)

Leasing & rentals

Yes, implied by provisions for tenant payment and leasing rules. (Section 14.B(d) permits Association to d)

Architectural approval

Yes, for material alterations or changes to exterior appearance. (Section 10.A: No Unit Owner shall make a)

Signs & flags

Not directly addressed, but exterior appearance changes require Board approval (Section 10.A). (Section 10.A: No material alterations to)

Maintenance

Association: building exteriors including roofs. (Section 8.A(a)(vi): all building exterio)

Use restrictions

Implied; no explicit statement, but definition of Single Family indicates residential intent. (Section 2.R: Single Family means natural)

Voting & meetings

Each unit entitled to one vote; total votes equal number of units. (Section 6.B: Each Unit shall be entitled)

Amendments

By Unit Owners: affirmative vote of not less than two-thirds of Units present and voting at meeting. Declarant may amend until transition of control for certain purposes. Special amendments for compliance. Recordation required. (Section 7.A (Unit Owner amendment), 7.B )

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