Pine Creek Condominium V

Key facts from Pine Creek Condominium V's documents

Community type

Condominium (Title: DECLARATION OF CONDOMINIUM PINE C)

Governing law

Florida Condominium Act (Chapter 718, Florida Statutes) (Article IV D: Assessments shall conform )

Assessments & dues

Association estimates common expenses and assesses unit owners proportionally according to Exhibit #2 (Article XV C: The Association shall esti)

Special assessments

Permitted for emergencies or deficiencies; also for capital improvements (Article XV D: in the event of emergencie)

Collections & liens

Association has lien on each condominium apartment for unpaid assessments, including attorneys' fees; lien enforceable under Condominium Act (Article XVI: The Association shall have )

Reserves & fees

Permitted: creation of reasonable contingency or reserve requirements (Article XV B: and the creation of reason)

Leasing & rentals

Yes, with restrictions (Article XIII: sale, lease and mortgage o)

Architectural approval

Yes, for structural modifications or alterations, and for exterior changes (Article XIX A: No owner ... shall make o)

Home business

Not explicitly allowed or prohibited; general residential use restriction would likely prohibit business use (Article XII: as single-family residences)

Setbacks / home size

Two stories (Article V: one (1) two story apartment b)

Insurance

Association may accept deductible clause if coverage not reasonably available without it (Article XXII A: the Association is autho)

Use restrictions

Single-family residences for owners, their families and social guests (Article XII: Condominium apartments shal)

Voting & meetings

One vote per unit owned (Article X: each apartment owner is entit)

Amendments

Amendments require affirmative vote of 2/3 of votes of apartment owners present and voting at a meeting with quorum; certain changes require consent of affected owners and mortgagees (Article XI A: this Declaration may be am)

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