Alexis Centre Building Three

Key facts from Alexis Centre Building Three's documents

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

Community type

Condominium (Section 2.11: 'Condominium means Alexis )

Governing law

Florida Condominium Act, Chapter 718, Florida Statutes (Section 2.1: 'The Act or Condominium Act)

Assessments & dues

Developer guaranteed that regular monthly assessments for other Unit Owners will not exceed $300 per Unit per Month during guarantee period (Section 12.11: 'the assessments for Comm)

Special assessments

Permitted when expenditures cannot be made from regular assessments (Section 11.1: 'the Association may make )

Collections & liens

Association has a lien on each Unit for unpaid assessments, interest, and attorneys' fees; may foreclose like a mortgage (Sections 12.5 and 12.6: 'The Association)

Reserves & fees

$25.00 per late assessment or 5% of each late assessment, whichever is greater, after 10 days due (Section 12.3: 'Assessments and installme)

Leasing & rentals

Yes, for permitted uses (Section 17.1(c): 'A Unit or any portion )

Parking & vehicles

Board may regulate parking by rule (subject to land condominium declaration) (Section 3.7: 'The Board may by rule regu)

Architectural approval

Not specifically (owner may make alterations within unit that do not affect exterior appearance; otherwise possibly covered by By-Laws) (Section 10.2: 'A Unit Owner may make add)

Maintenance

Association maintains exterior surfaces; roof likely part of Common Elements (attic is Limited Common Element and area between upper boundary and roof sheathing is Limited Common Element, but the roof itself is not specifically assigned) (Section 9.1(b): 'All exterior building w)

Insurance

Casualty – 100% replacement cost for buildings and improvements, fire and extended coverage, all risk, vandalism, malicious mischief; Public liability – minimum $1,000,000 with cross liability endorsement; Flood insurance as determined; Wor (Section 14.2)

Voting & meetings

One vote per Unit (Section 13.7: 'there shall be only one ()

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