Treesdale Condominium

Key facts from Treesdale Condominium's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 2.3 (name: Treesdale, a Condomin)

Units / lots

200 (Section 1 (25 buildings x 8 units each =)

Governing law

Florida Condominium Act (Chapter 718 Florida Statutes) (Section 3.1)

Assessments & dues

Initial guaranteed maximum monthly assessments: $135.40 (1BR), $163.52 (2BR), $197.27 (3BR) during Guaranty Period. (Section 15.7)

Special assessments

Special Assessments and Capital Improvement Assessments may be levied by Board, payable in lump sums or installments. (Section 15.1(b))

Collections & liens

Association has lien on each Condominium Parcel for unpaid assessments, interest, attorneys' fees; lien effective upon recording of Declaration; foreclosure in manner of mortgage of real property. (Section 15.2)

Reserves & fees

Developer may waive reserves for first two fiscal years (Section 15.3); budget includes reserve if required by law (Section 14). (Sections 15.3, 14)

Architectural approval

No addition, alteration or improvement in/on Common Elements, Unit or Limited Common Elements without prior written consent of Board of Directors. (Section 11.1)

Maintenance

Roof is part of Common Elements (Section 3.9(d)), so Association responsible for maintenance/repair. (Section 3.9(d), Section 9.1)

Insurance

Reasonable deductible provisions as determined by Board. (Section 16.2(a))

Voting & meetings

Each Unit entitled to one vote cast by its Owner; Developer votes for unsold units. (Section 7.2)

Amendments

By Association: 66 2/3% of Units and Board, or 75% of Units. Developer may amend for specific purposes (e.g., correct errors, comply with laws) while it controls Board majority (Section 8.1, 8.2). (Section 8)

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