Beach Club at Siesta Key Condominium Association, Inc.

Key facts from Beach Club at Siesta Key Condominium Association, Inc.'s documents

Community type

Condominium (Name)

Units / lots

29 residential units and 1 office unit (total 30 units) (§3.1)

Developer / declarant

FL Beach Club Siesta, LLC, a Florida limited liability company (Preamble)

Governing law

Chapter 718, Florida Statutes (Condominium Act) (§1)

Assessments & dues

By Association through annual budget; assessments based on unit owner's undivided interest percentage (§9(a), §7(b))

Special assessments

Yes, for reconstruction after casualty if insurance insufficient; also for other common expenses as needed (§12(e), §9(b))

Collections & liens

Association has a lien on each unit for unpaid assessments; may foreclose like a mortgage (§9(b)(2))

Reserves & fees

Association may require an application fee for approval of transfer not to exceed maximum allowed by law (§14(b)(3))

Pets

Yes, up to 20 pounds weight limit (§13(b))

Leasing & rentals

Yes, each unit may be rented for such periods as owner deems appropriate subject to zoning laws (§13(a))

Parking & vehicles

Parking only in designated spaces and areas; no assigned spaces; all spaces may be used by unit owners, guests, family, invitees, or tenants (§13(c)(5))

Architectural approval

Yes, all renovations to units must be approved by the Board of Directors (§8(c))

Signs & flags

Unit owner may display portable removable US flag in a respectful way; on Armed Forces Day, Memorial Day, Flag Day, Independence Day, Veterans Day may display official flags not larger than 4.5 ft x 6 ft (§8(b)(3))

Maintenance

Owner: maintains all portions of unit except those maintained by Association; including windows, patios/decks, balconies, screens, doors, air conditioning unit. Association: maintains common elements and association property. (§8(a)(1), §8(b)(1))

Insurance

Association purchases insurance on buildings and improvements for insurable replacement value; includes fire, extended coverage, flood, vandalism, malicious mischief; public liability; workmen's compensation; fidelity bonding (§11(c)(1)-(4))

Use restrictions

All units may be used only for residential purposes except the Office Unit (Unit 108C-Office) which is for management (§13(i))

Voting & meetings

Each Unit is entitled to one (1) vote in the Association (§10(a))

Amendments

By resolution with notice; must be approved by either (1) not less than 2/3 of Board and 2/3 of entire membership, or (2) not less than 75% of votes of entire membership, or (3) unanimous signed agreement; also requires recording (§18)

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