Azalea Gardens

Key facts from Azalea Gardens's documents

Community type

Condominium (Paragraph 1)

Legal name

Azalea Gardens, a condominium

Developer / declarant

Gaylway, Inc. (Preamble)

Governing law

Chapter 718, Florida Statutes (Paragraph 1)

Assessments & dues

Developer guaranteed maximum for units 1-8: $33.41 per month; units 9-10: $49.62 per month (Paragraph 13a)

Special assessments

May be made by Board of Directors (Paragraph 13b)

Collections & liens

Association may foreclose its lien for unpaid assessments as provided in Condominium Act (Paragraph 13e)

Reserves & fees

Developer elected to establish reserve accounts for capital expenditures and deferred maintenance pursuant to Fla. Stat. 718.618(1) (Paragraph 14(b))

Leasing & rentals

Allowed but subject to Association's right of first refusal (Paragraph 24)

Parking & vehicles

One covered parking space and nine uncovered parking spaces as limited common elements with exclusive use rights (Paragraph 3c(i) and (ii))

Architectural approval

Written consent of Association required for structural modifications or alterations, and for changes to exterior appearance (Paragraph 21)

Insurance

Casualty insurance covering all improvements, including buildings, in amount equal to maximum insurable replacement value (Paragraph 15b)

Use restrictions

Each unit is restricted to private residential use (Paragraph 22)

Voting & meetings

One vote per unit (Paragraph 4 (there shall be only one (1))

Amendments

See Paragraph 36 (not included in text) but for By-Laws: amendment requires 60% approval of Board and 60% of members, recorded in public records (By-Laws Article 8)

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