Wellington Place at Kensington I

Key facts from Wellington Place at Kensington I's documents

Reflects the 1999 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 1)

Legal name

Wellington Place at Kensington Condominium Association, Inc. (Section 3.4)

Governing law

Florida Condominium Act (Chapter 718) (Section 2.2, Section 3.1)

Assessments & dues

During Guaranty Period, quarterly assessment not greater than $840.00 per Unit for one year (Section 15.8)

Special assessments

Capital additions, alterations or improvements costing >$10,000 aggregate in any calendar year require approval of majority of Units present at a meeting with quorum; ≤$10,000 may be made without approval (Section 10)

Collections & liens

Association has a lien on each Condominium Parcel for unpaid Assessments, interest, attorney's fees; lien effective upon recording of Declaration; may foreclose similar to mortgage; no judgment until 30 days after written notice of intentio (Section 15.1, Section 15.4)

Reserves & fees

Developer may vote to waive reserves and contributions for capital improvements for first two years of operation (Section 15.6)

Architectural approval

No addition, alteration or improvement in or to Common Elements, Unit, or Limited Common Elements without prior written consent of Board of Directors (or Architectural Control Committee) (Section 11, Section 11.1)

Voting & meetings

Each Unit entitled to one vote cast by its Owner (Section 7.2)

Amendments

By Association: affirmative vote of Unit Owners in excess of 50% of Units and not less than 66 2/3% of Board; or Unit Owners in excess of 66 2/3% of Units. By Developer (while controlling Board): to correct omission/error or for certain pur (Section 8.1, 8.2, 8.4)

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