Bimini Bay Homeowners Association, Inc.

Key facts from Bimini Bay Homeowners Association, Inc.'s documents

Community type

Homeowners Association

Legal name

Bimini Bay Homeowners Association, Inc. (Header)

Governing law

Florida Statutes Chapter 720 (General Commitments & Expectations, BP 6)

Special assessments

Possible as repayment plan for Emergency Fund borrowing; 'increase to monthly dues, a special assessment' mentioned as example. (BP 7.3)

Collections & liens

If aggregate fine reaches $1,000, association may file claim of lien. Administrative fee for filing a Claim of Lien including Release is $250.00 plus County Fees. (BP 6.1, Administrative Fee Schedule)

Reserves & fees

Reserve Fund mentioned as part of Budget & Financing Committee duties; no specifics on funding or amount. (Budget & Financing Committee duties, pag)

Signs & flags

One portable, removable United States flag allowed, displayed respectfully, regardless of other rules. (BP 8.5.8)

Voting & meetings

Members vote in director elections; election required only if more candidates than vacancies. Officers elected by Board at first meeting after annual meeting. (BP 9.1, BP 10.3.3)

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