Mangrove Cay Condominium Association, Inc.

Key facts from Mangrove Cay Condominium Association, Inc.'s documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium and Homeowners Association combined under one Association (Mangrove Cay Condominium Association, Inc.) (Article I, Section 1.4: Association mean)

Developer / declarant

Mangrove Cay Development, LLC (Article I, Section 1.23: "Developer" sha)

Governing law

Florida Condominium Act (Chapter 718) and Florida Homeowners Association Act (Chapter 720) (Article I, Section 1.1: "Act" or "Condom)

Assessments & dues

Common Expenses of the Association are shared on a 1/55th basis. Common Expenses of the individual Condominium are based on percentages in Exhibit B (not provided). Board has sole discretion to allocate expenses between Association and Cond (Article I, Section 1.14 (last paragraph))

Special assessments

Not explicitly defined, but reserves are a Common Expense; Board may designate expenses as Common Expenses (Article I, Section 1.15: Reserves requir)

Collections & liens

Association may record a Lien for Charges to secure monetary obligations of Unit Owner other than assessments. (Article I, Section 1.10 (Charge) and Sec)

Reserves & fees

Required by Act and Condominium Documents; reserves are a Common Expense of the individual Condominium. (Article I, Section 1.15: "Reserves requi)

Leasing & rentals

Yes, leasing is defined as a grant of right of use for consideration; not prohibited. (Article I, Section 1.31: "Lease" means g)

Architectural approval

Yes, prior written approval required for modifications or alterations visible from exterior, structural work, etc. (Article 9.5.1: "No Owner may make or per)

Signs & flags

Not explicitly mentioned; but any exterior modification requires Board approval. (Article 9.5.1: Changes to appearance vis)

Maintenance

Association responsible (structural maintenance of Buildings includes roofing). (Article 9.1.1: Association maintenance i)

Insurance

Insurance deductibles may be a Common Expense (Section 1.14(g)). (Article I, Section 1.14(g): "insurance d)

Use restrictions

Implied but not explicitly stated; Unit defined as part of Condominium Property subject to exclusive ownership. (Article I, Section 1.50: "Unit means a p)

Voting & meetings

One vote per Unit for Association matters (total 55 votes); for individual Condominium matters, also one vote per Unit (55 votes). Voting rights may be suspended per Condominium Documents or Florida law. (Article 6: "The voting rights of the Own)

Amendments

This amendment approved by at least 67% of members (condominium) and at least two-thirds (master association) at a membership meeting. (Certificate of Amendment: "proposed and )

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