Pompano Atlantis Condominium Association, Inc.

Key facts from Pompano Atlantis Condominium Association, Inc.'s documents

Community type

Condominium (Article I)

Units / lots

240 condominium apartment units and 1 recreation unit (Article I; Article IV Section 1)

Governing law

Florida Condominium Act (F.S. 711 Et. Seq.) (Article II, Section 7)

Assessments & dues

Board of Directors determines sums necessary for common expenses (Article X Section 1)

Special assessments

Permitted for insurance deficiency when proceeds insufficient for repair (Article XII Section 2(f)(v)) and for removal of unauthorized alterations (Article XIV Section 4) (Article XII Section 2(f)(v); Article XIV)

Collections & liens

Association has lien on condominium parcel and tangible personal property for unpaid assessments, late charges, interest, reasonable attorneys' fees, and sums advanced; lien may be foreclosed; Association may bid at sale; receiver may be ap (Article X Sections 3 and 4)

Reserves & fees

$25.00 (Article X Section 2)

Pets

Only with written permission of the Association; permission may be conditioned and revoked at any time (Article XIII Section 3)

Leasing & rentals

Yes, but subject to Association's right of first refusal; no transient tenants; no individual rooms rented (Article XI Sections 1(a), 1(f))

Architectural approval

Prior written consent of Association and any first mortgagee required for structural alterations, additions, changes to common elements, exterior, or limited common elements (Article XIV Sections 1(b), 1(c), 3(b)(ii)

Insurance

Fire and extended coverage, vandalism and malicious mischief insurance on all insurable improvements and personal property owned by Association, in amount equal to maximum insurable replacement value (Article XII Section 2(a))

Use restrictions

Each apartment unit shall be occupied and used as a single family private dwelling (Article XIII Section 1)

Voting & meetings

One vote per unit; one Voting Member designated per unit; corporate owners designate an officer (Article V)

Amendments

Requires affirmative vote of three-fourths (3/4) of total Voting Members; must be recorded; no amendment impairing mortgagee rights without written approval of all institutional mortgagees of record; changes to Article XII require approval (Article VII)

Amenities

Recreation unit on Fourth Floor leased under Recreational Facilities Lease (Exhibit 6); includes recreational area and facilities for use of unit owners (Article IV Section 2; Article XVI)

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