Of Condominium for One Seagrove Place HOA

Key facts from Of Condominium for One Seagrove Place HOA's documents

Reflects the 1985 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title; Article I)

Legal name

ONE SEAGROVE PLACE OWNER'S ASSOCIATION, INC. (Article I(11) and Article VI)

Units / lots

130 (two buildings: one with 58 units, one with 72 units) (Article II (text: 'one building contains)

Developer / declarant

Surf Side Development Company, Inc., a Florida corporation (Preamble; Article I, Section 13)

Governing law

Chapter 718, Florida Statutes (Preamble; Article II)

Assessments & dues

Initial guaranteed assessment $93.23 per month (developer guarantee) (Article XVIII, Section 1.A)

Special assessments

Board may levy additional assessments if funds insufficient or in emergencies (Article XVIII, Section 1.C)

Collections & liens

Association has lien on apartment for unpaid assessments, foreclosable like real estate mortgages (Article XVIII, Section 1.H, I)

Reserves & fees

Reserve for replacement fund mentioned for insurance shortfalls (Article XIV, Section 2)

Leasing & rentals

Leasing or renting permitted on temporary or permanent basis (Article XIII, Section 1)

Architectural approval

Structural modifications require written consent of association; board may withhold if endanger condominium (Article XIII, Section 10)

Home business

No business, trade, or profession without prior written consent of association (Article XIII, Section 6)

Maintenance

Association (as part of common property) (Article X, A)

Insurance

Subject to deductible approved by board (Article XIV, Section 2.A)

Use restrictions

Each apartment restricted to residential use by owner, family, guests, invitees, lessees, renters (Article XIII, Section 1)

Voting & meetings

One vote per apartment owned (Article VII)

Amendments

Requires 66-2/3% of board and 51% of membership, or 75% of membership, or unanimous agreement; certain amendments require mortgagee consent (Article VIII)

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