Pines Industrial Park Condominium Association, Inc.

Key facts from Pines Industrial Park Condominium Association, Inc.'s documents

Community type

Land Condominium (Title of document: 'A Land Condominium')

Governing law

Chapter 718, Florida Statutes (Condominium Act) (Submission Statement and Section 1)

Assessments & dues

Board or Unit Owners approve annual budget; assessments levied in proportion to ownership percentage (Sections 14.02, 15.01)

Special assessments

Allowed by Board to cover unanticipated expenditures (Section 15.01)

Collections & liens

Assessment lien on Condominium Parcel; may be foreclosed like a mortgage; lien secures unpaid assessments, interest, costs, attorneys' fees (Sections 16.05, 16.06)

Reserves & fees

Greater of $25.00 or 5% of assessment per delinquent installment (Section 16.04)

Pets

Animals, livestock, and poultry of any kind are prohibited (Section 19(l))

Leasing & rentals

Owner may not lease less than entire unit (i.e., entire unit must be leased as a whole) (Section 19(f))

Architectural approval

Yes, Design Review Committee (DRC) must approve all plans for any improvement, alteration, or addition visible from exterior (Section 25.02)

Signs & flags

Nothing hung on exterior walls except address, unit number, and occupant name without Association consent (Section 19(e))

Use restrictions

Professional, business, or commercial use only, as permitted by zoning (Section 19(d))

Voting & meetings

Each Unit's votes equal to its percentage ownership of Common Elements (to nearest 0.01%); e.g., Unit 1 (4.24%) has 424 votes (Section 20.02)

Amendments

Requires approval of Voting Representatives holding at least 75% of voting interests; meeting notice required; secret ballot for changes in percentage ownership (Section 27.01; also Section 27.02 (unani)

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