Verandas on the Gulf Condominium Residences

Key facts from Verandas on the Gulf Condominium Residences's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

The Verandas on the Gulf Condominium Association, Inc.

Governing law

Chapter 718 Florida Statutes (Article 2)

Assessments & dues

Board of Directors sets assessments to cover common expenses (Article 6)

Special assessments

Permitted for unexpected expenses; approved by Board (Bylaws 6.8)

Collections & liens

Association has lien on unit for unpaid assessments; may foreclose (Articles 6.3, 6.5)

Reserves & fees

All reserves required by Condominium Act are common expenses (Article 3.5(B))

Architectural approval

Board approval required for material alterations, additions, changes to exterior appearance (Article 5.4(B))

Insurance

Casualty (replacement cost), public liability, workers comp, fidelity bonds, flood/windstorm (Article 8.2)

Voting & meetings

one vote per unit (Article 7.4)

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