Places on Park

Key facts from Places on Park's documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Entire document: "Declaration of Condomi)

Legal name

Places on Park Condominium Owners’ Association, Inc. (Section 2.4)

Developer / declarant

Capital Park, LLC, a Florida Limited Liability Company (Opening paragraph)

Governing law

Florida Condominium Act, Chapter 718, as it exists on the date of execution of this Declaration (Section 2.1)

Assessments & dues

Not fixed; set annually by Board based on budget. During Developer guarantee period, assessments for non-Developer unit owners shall not exceed $125.00 per unit per month. (Sections 11.1, 12.11)

Special assessments

Permitted when funds are needed beyond regular assessments; levied in same manner as regular assessments, with specific purpose stated in notice. (Section 11.1)

Reserves & fees

$25.00 per late assessment or five percent of each late assessment, whichever is greater, if not paid within 10 days after due date. (Section 12.3)

Voting & meetings

Each unit owner has votes equal to their undivided share of Common Elements (e.g., Unit 101: 7.835 votes, Unit 301: 3.9175 votes, etc.) (Section 13.7)

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