Crestwood Villas Condominium Association, Inc.

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

Reflects the 1988 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Multi-Condominium Association (Crestwood Villas of Sarasota Multi-Condominium Association, Inc.) (Article 1.21)

Developer / declarant

First Communities of Sarasota, a Florida General Partnership (Article 1.17)

Governing law

Florida Condominium Act (Section 718.116(1)(b) referenced in 2012 amendment) (Certificate of Amendment, Article 5.14 ()

Assessments & dues

Set by Board based on budget; not fixed in Declaration. (Article 5.03, 5.11)

Special assessments

May be levied for supplementary amounts, compliance, improvements (requires 2/3 approval), or services; determined by Board unless otherwise required. (Article 5.04)

Collections & liens

Unpaid assessments become a continuing lien on the Unit; Association may record Claim of Lien; may bring suit for foreclosure or damages. (Articles 5.01, 5.16(b))

Reserves & fees

Board may establish reserve accounts from Regular Assessments; deposited/held separately in trust. (Article 5.12)

Pets

Yes; dogs, cats, other household pets allowed; not for commercial purposes nor unreasonable numbers; pets causing nuisance may be removed after 10 days notice; excrement must be removed. (Article 9.07)

Home business

Allowed if incidental to residential use, primarily administrative/artistic/professional, and approved by Board. (Article 9.02)

Signs & flags

Only directional/informational signs (Board approved), Declarant sales signs, small address/nameplates, and for-sale signs (≤576 sq in window or outside within 24 inches of wall). (Article 9.03)

Insurance

Comprehensive public liability insurance on Common Property; fire and casualty with extended coverage for replacement value; other insurance as Board determines. (Article 8.01)

Use restrictions

Yes; Units for private residential purposes only. (Article 9.01)

Voting & meetings

One vote per Unit; multiple owners of a Unit have one vote collectively. (Article 3.02(a))

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