Somerset Cay Condominium Association, Inc.

Key facts from Somerset Cay Condominium Association, Inc.'s documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

Somerset Cay Condominium Association, Inc. (Section 2(c))

Developer / declarant

BVG-SIESTA, L.L.C., a Florida limited liability company (Preamble)

Governing law

Chapter 718, Florida Statutes (Condominium Act) (Section 2(m))

Special assessments

Board may levy additional assessments if current assessments insufficient or in emergencies (Section 16(d))

Reserves & fees

Common Expenses include 'creation of reasonable contingency or reserve requirements' (Section 16(b))

Voting & meetings

One vote per Condominium Unit; multiple owners must designate voting owner (except husband/wife may both vote if no objection) (Section 13(c))

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