Turtle Cove Homeowners Association, Inc.

Key facts from Turtle Cove Homeowners Association, Inc.'s documents

Community type

condominium (Paragraph 1: purpose to submit lands to )

Legal name

TURTLE COVE CONDOMINIUM ASSOCIATION, INC. (Paragraph 4)

Governing law

Chapter 718, Florida Statutes (1977) (Paragraph 1)

Assessments & dues

not fixed; determined by Board in annual budget (Paragraph 12a)

Special assessments

allowed by Board of Directors for emergencies, repairs, replacements, or other needs. (Paragraph 12b)

Collections & liens

Association may foreclose its lien as provided in the Condominium Act (Chapter 718). Lien also secures reasonable attorney's fees and costs. (Paragraph 12e, 12g)

Reserves & fees

Board may include an operating reserve not exceeding 15% of total projected Common Expenses. (Paragraph 12a)

Leasing & rentals

Yes, subject to Association's right of first refusal and approval. (Paragraph 24)

Home business

not explicitly permitted; residential use restriction likely prohibits business use (Paragraph 21)

Maintenance

Association responsible for Common Property; roof likely part of Common Property. (Paragraph 13 (Common Property maintenanc)

Use restrictions

Each Unit is restricted to single family, private residential use. (Paragraph 21)

Voting & meetings

one (1) vote for each Unit; owner of multiple units may exercise as many votes as units owned (Paragraph 4)

Amendments

Not detailed in provided excerpts; reference to amendment for reconstruction (Paragraph 14e). Termination requires consent of all institutional first mortgagees (Paragraph 14g). (Paragraph 14e, 14g)

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