Anna Maria Beach Cottages Condominium Association, Inc.

Key facts from Anna Maria Beach Cottages Condominium Association, Inc.'s documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Submission Statement, 1.01)

Legal name

Anna Maria Beach Place Condominium Association, Inc. (4.02, Definitions)

Governing law

Chapter 718, Florida Statutes (Condominium Act) (Submission Statement, 2. Definitions)

Assessments & dues

Annual budget prepared, adopted, approved according to Bylaws; assessments levied proportionally (same percentage as common element share) (15.02, 14.02)

Special assessments

Yes, Board may levy special assessment in proportion to each unit's share of Common Expenses for unanticipated expenditures (15.02)

Collections & liens

Association has lien on condominium parcel for unpaid assessments. May record Claim of Lien, foreclose like mortgage, or sue for money judgment. Costs including attorney's fees recoverable. (16.05)

Reserves & fees

Converter reserve account funded by Developer prorata on sale of each unit for roof, exterior painting, paving, plumbing system, swimming pool (details in Exhibit B notes). General reserve fund also listed in budget. (19.05, Exhibit B notes)

Pets

Yes, unit owners may keep pets. Tenants and guests may not bring pets. (26(h))

Leasing & rentals

Not explicitly prohibited; provision allowing renting unit even if considered business implies leasing allowed (26(g))

Home business

Home business allowed if conducted in compliance with all governmental regulations (26(g))

Signs & flags

One portable, removable United States flag may be displayed respectfully. On designated days, portable official flags (Army, Navy, etc., not larger than 4.5 ft x 6 ft) may be displayed. (26(j))

Voting & meetings

One vote per condominium parcel (unit), cast by Voting Representative; only one Voting Representative per unit (20.02, Definitions)

Amendments

By vote of 2/3 of Voting Representatives at meeting after notice (proposal by Board or 10% of Reps) OR by written consent of 2/3 of Voting Representatives without meeting. Certain changes (change unit size, alter appurtenances, change commo (27)

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