Bnsk Lot 2 Blk 1 Condominium Association, Inc.

Key facts from Bnsk Lot 2 Blk 1 Condominium Association, Inc.'s documents

Reflects the 2026 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condo (Article I (submission to condominium own)

Governing law

Chapter 718, Florida Statutes (Condominium Act) (Article I)

Assessments & dues

Board establishes annual budget in advance; assessments based on budget; must include reserves for capital expenditures and deferred maintenance unless waived by majority vote; additional assessments may be levied if needed (Article XVII C, D)

Special assessments

Board may levy additional assessment if budget insufficient or in emergency; specific purpose must be stated in notice; excess funds become common surplus (Article XVII D, J)

Collections & liens

Association has lien on each unit for unpaid assessments, interest, attorney's fees; lien effective from recording of claim; foreclosure like mortgage; 30 days notice required before foreclosure; first mortgagee liability limited to 6 month (Article XVII J)

Reserves & fees

Required for roof replacement and building painting if deferred maintenance >$10,000; can be waived by majority vote of members; developer can waive for first two years (Article XVII D)

Pets

Yes, but with restrictions: not allowed to run freely on common elements; must be leashed outside unit; owner responsible for damage; Board may compel removal if nuisance (Article XV E)

Architectural approval

Yes, Board approval required for alterations that affect structure, exterior, or common elements; also for additions to units or limited common elements; Board may adopt basic plan for screening balconies/patios (Article XIX A, B)

Use restrictions

Each unit shall be occupied only by a family, its servants and guests, as a residence and not for other purposes; no division or subdivision of units (Article XV A)

Voting & meetings

One vote per unit, regardless of number of owners; can be exercised by owner or proxy (Article VIII)

Amendments

Amendment proposed by Board or majority of unit owners; requires affirmative vote of majority of unit owners at a meeting held 30-60 days after proposal; notice must include full text; certain changes (to unit size, discrimination, appurten (Article XI)

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