Coronado at Doral IX Condominium Association, Inc.

Key facts from Coronado at Doral IX Condominium Association, Inc.'s documents

Reflects the 2010 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Throughout)

Governing law

Florida Condominium Act (Chapter 718, Florida Statutes) (Section 1.2; Section 2.1)

Assessments & dues

Assessments are based on Common Expenses, which include administration, maintenance, reserves, etc.; each unit's share is a fraction based on equal fractional basis (numerator 1, denominator total units) (Section 2.3; Section 2.11; Section 5.1)

Special assessments

Not explicitly named, but capital additions/alterations/improvements costing >$100,000 in a calendar year require 66-2/3% vote of members present; costs become Common Expenses (Section 8)

Collections & liens

Association may impose charges and enforce via cause of action; assessment liens referenced, but not detailed in excerpt (Section 7.3)

Reserves & fees

Common Expenses include all reserves required by the Act or established by the Association (Section 2.11)

Architectural approval

Board of Directors consent required for any substantial addition, material alteration, or improvement to Common Elements, Unit, or Limited Common Elements, including hurricane shutters, window boxes, screens, etc. (Section 9.1)

Home business

Not explicitly prohibited, but commercial vehicles prohibited from parking (Section 3.4(b)(ii)) (Section 3.4(b)(ii))

Signs & flags

During Developer's unsold Units period, no "For Sale" or "For Lease" signs or advertising; thereafter approval from Association required (Section 3.5(f))

Insurance

Not detailed, but Common Expenses include insurance for directors and officers (Section 2.11); Association not liable for failure to obtain insurance if not required or not available at reasonable cost (Section 11.2) (Section 2.11; Section 11.2)

Use restrictions

Residential Units are to be used exclusively for residential purposes (Section 2.25)

Voting & meetings

One vote per Unit; if multiple owners, a Voting Member must be designated; husband and wife special rules; Developer votes for unsold Units (Section 5.2)

Amendments

Amendments by Association require affirmative vote of >66-2/3% of Units and >66-2/3% of Board, or >75% of Units (Section 6.1). During Developer control, Developer may amend to correct omission/error or effect other amendment unless material (Section 6.1, 6.2, 6.3, 6.4)

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