Canal Villas Condominium Association, Inc.

Key facts from Canal Villas Condominium Association, Inc.'s documents

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

Community type

Condominium (Title and Article 1.10)

Units / lots

2 (maximum) (Article 1.28)

Governing law

Florida Condominium Act (Article 1.11)

Assessments & dues

Annual budget adopted by Board of Directors; each Unit pays its Percentage Interest share of Common Expenses (Sections 9.2, 9.3)

Reserves & fees

Late charges as determined by Board of Directors from time to time (Section 9.6)

Pets

One small dog and/or one small cat (defined as under 15 pounds each) may be kept, but Board may adopt rules altering restrictions (Section 7.8 (as amended))

Leasing & rentals

Yes, an Owner may lease his/her/its Unit at the Owner's discretion, but only if tenants comply with use restrictions (Section 7.12 (as amended))

Architectural approval

Prior written consent of Board of Directors (or Architectural Control Committee) required for additions, alterations, improvements to Common Elements, Limited Common Elements, or Exterior of Unit, including paint, awnings, shutters, etc. (Section 8.5(a), 8.5(b), 8.5(h))

Use restrictions

Each Unit shall be used and occupied as a single family residence only (Section 7.2 (as amended))

Voting & meetings

Each Unit owner entitled to one vote per Unit owned (Section 10.11)

Amendments

Amendments require approval of not less than 70% of Voting Interests per Article 15 (as referenced in recitals) (Recitals)

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