Suncoast Executive Storage Condominium Association, Inc.

Key facts from Suncoast Executive Storage Condominium Association, Inc.'s documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 1.2)

Units / lots

Up to approximately 26 (Section 1.4)

Governing law

Florida Condominium Act (Chapter 718) (Section 1.2)

Assessments & dues

Board prepares budget, determines assessments, allocates among Unit Owners (Section 12)

Special assessments

Capital additions, alterations, or improvements costing over $50,000 in aggregate in any calendar year require majority approval of Units present at quorate meeting (Section 8)

Collections & liens

Association has lien on each Unit for unpaid assessments; may foreclose; may accelerate next 12 months of assessments after 30 days notice (Section 13.2, 13.3)

Reserves & fees

Reserve for if required by law (Section 12)

Leasing & rentals

Not explicitly restricted; Developer may lease Units (implied) (Section 3.5(f))

Parking & vehicles

Non-exclusive easement for vehicular traffic over paved common elements; no specific parking rules (Section 3.5(d))

Architectural approval

Prior written consent of Board of Directors required for any addition, alteration, or improvement in or to Common Elements, Unit, or Limited Common Elements (Section 9.1)

Signs & flags

Developer may erect signs and promotional material to advertise Units for sale or lease (Section 3.5(f))

Maintenance

Units and Limited Common Elements by Owner; Common Elements by Association (Sections 7.1, 7.2)

Insurance

Reasonable deductible provisions as determined by Board of Directors (Section 14.2(a))

Use restrictions

Not explicitly defined (Not mentioned)

Voting & meetings

One vote per Unit, cast by its Owner in accordance with By-Laws and Articles (Section 5.2)

Amendments

By Association: affirmative vote of >50% voting interests and 66-2/3% Board, or >66-2/3% voting interests; by Developer to correct errors without adverse effect; requires recording (Section 6.1, 6.2, 6.3)

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