Jack James Condominium Association, Inc.

Key facts from Jack James Condominium Association, Inc.'s documents

Community type

Condominium (Section 1.3: 'name by which this condomi)

Legal name

JACK JAMES CONDOMINIUM ASSOCIATION, INC. (Section 1.3: 'The name by which this con)

Governing law

Florida Condominium Act (Chapter 718, Florida Statutes) (Section 1.3: 'in the manner provided for)

Special assessments

Association may levy special assessments for any proper common expenses. (Section 12: '... including both annual a)

Collections & liens

Association has a lien on each Unit securing unpaid assessments, late fees, interest, attorneys' fees and costs. Lien effective as stated in Act. Association may foreclose lien or recover money judgment without waiving lien rights. In forec (Sections 12.7, 12.9: 'The Association ha)

Reserves & fees

Common Expenses include reserves required by Act or otherwise established by Association. (Section 2.10: 'Common Expense shall also)

Leasing & rentals

Leasing is allowed; document defines Transfer to include lease and lease renewal. Unit Owner who leases must require tenant to purchase insurance. Otherwise, no specific leasing restrictions (minimum term, cap, etc.) are stated in the provi (Sections 2.24 (definition of Transfer in)

Parking & vehicles

All parking area described in Exhibit B is common elements subject to Developer parking assignment plan, amendable by Developer. After turnover, Association may implement, modify, alter, or amend parking assignment plan, but shall not imple (Section 3.5: 'All parking area described)

Use restrictions

Not explicitly stated in the provided excerpts. (No citation)

Voting & meetings

One vote per Unit; cast by Unit Owner in accordance with By-Laws and Articles (Section 5.2: 'Each Unit shall be entitle)

Amendments

Amendments may be proposed by majority of Board or by petition signed by majority of voting interests. Required vote: not less than majority of Board and not less than 2/3 of voting interests unless proposed by members (then Board concurren (Sections 6.1-6.4: 'Amendments may be pro)

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