Sailfish Cove Stuart

Key facts from Sailfish Cove Stuart's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article I: 'Name - The name by which thi)

Governing law

Florida Condominium Act, Chapter 718 Florida Statutes (Article II(a): '“Act” means the Florida )

Special assessments

Board may levy special assessments if insufficient funds or emergency. Written notice 14 days prior for non-emergency. (Article XVI, Section 10: 'Should the ass)

Collections & liens

Association has lien on each condominium parcel for unpaid assessments, late fees, costs, attorney fees. Claim of lien must be recorded. Foreclosure action allowed after 45 days notice to owner. Lien relates back to recording of original de (Article XVI, Sections 3-8: detailed prov)

Reserves & fees

Required by Act; may be waived by unit owners except that after December 31, 2024, members may not determine to provide no reserves or less than required for structural integrity reserve study. (Article XVI, Section 1: 'The budget shal)

Leasing & rentals

Yes, implied; tenant use rights provided; Association may demand rent from tenant if owner delinquent. (Article XII, Section 3: 'When a unit is )

Architectural approval

Board approval required for combining units; material alterations to common elements require Board approval (per Article XIX reference) or unit owner vote (2/3) for Association alterations. (Article XIII, Section 2(b): 'no construc)

Insurance

May include reasonable deductibles as determined by Board. (Article XVIII, Section 1(a): 'Adequate i)

Use restrictions

Not explicitly restricted; references to 'residential unit' and 'residential purposes' implied. (Article X, Section 4: 'provided that suc)

Voting & meetings

One vote per unit, exercised by unit owner. Joint owners must file Voting Certificate. (Article IX: 'There is hereby allocated o)

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