Gulf and Bay Club Condominium Association, Inc.

Key facts from Gulf and Bay Club Condominium Association, Inc.'s documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article 1)

Units / lots

392 (Article 7: 'a 1/392 share per Unit')

Governing law

Chapter 718, Florida Statutes (Condominium Act) (Article 2 (Definitions))

Age restriction

Not present (N/A)

Assessments & dues

Set by Board in annual budget; each unit owner pays 1/392 share of common expenses (Article 10)

Special assessments

Allowed; must be proportionate to each unit's share of common expenses (Article 10)

Collections & liens

Association has liens for unpaid assessments, late charges, accrued interest, and reasonable attorneys' fees; remedies provided by Condominium Act. Remaining installments may be accelerated with 10 days notice. (Article 10, Article 11)

Reserves & fees

Reasonable fee, not to exceed maximum authorized by Condominium Act, required upon notice of sale, lease, gift, inheritance, or other transfer (Article 9.2.4)

Pets

Only birds and fish are allowed; Board may authorize reasonable accommodations for handicapped (e.g., seeing eye dogs) (Article 18.1.17)

Leasing & rentals

Yes, with prior written approval of Board (Article 9.1.2)

Architectural approval

Yes, for structural additions/alterations, exterior changes, and any construction or modification not consistent with original plans (Article 18.1.2, Article 19)

Home business

Not explicitly prohibited, but 'single family residence' implies no commercial use (Article 18.1.1)

Signs & flags

Prohibited without prior written consent of Board (Article 18.1.5)

Maintenance

Association (Article 17.1)

Insurance

Premiums are common expense; deductibles in event of casualty are common expense (Article 2.8.7) (Article 2.8.7, Article 13.4)

Use restrictions

Yes, single family residence purposes (Article 18.1.1)

Voting & meetings

Voting interest distributed per Section 718.104(4)(1), Florida Statutes, and documents; one vote per unit? (implied by 1/392 share, but not explicit) (Article 2.20)

Amendments

Proposed by Board or by petition of 10% of members; approved by majority of unit owners present (in person or proxy) and 66-2/3% of Board; certain provisions require unanimous written consent of all affected and 100% first mortgagee approva (Article 12.1)

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