Captive Properties Condominium Association, Inc.

Key facts from Captive Properties Condominium Association, Inc.'s documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Commercial Condominium (Section 1.1, 1.3)

Legal name

Captive Properties Condominium Association, Inc. (Section 2.4)

Developer / declarant

Captive Properties, LLC, a Florida limited liability company (Section 1, 2.16)

Governing law

Chapter 718, Florida Condominium Act (Section 1.3)

Special assessments

Allowed by Board for unanticipated expenditures or when insurance proceeds insufficient (Section 12.11, 14.4)

Collections & liens

Association has lien rights under Section 718.116 Florida Statutes (Section 14.5)

Reserves & fees

Required as per Board regulation (Section 13.1)

Leasing & rentals

Yes, with prior written approval of Board (Section 10.2.17)

Signs & flags

Signs must comply with county ordinances and Association rules; Developer may place signs; Unit Owners may only use pre-approved sign locations as Limited Common Elements (Section 5.4, 5.4.1, 10.2.1)

Voting & meetings

Based on percentage of usable square footage of Units per Exhibit E (Section 8.1, 9.2)

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