Beacon Harbour Condominium Association, Inc.

Key facts from Beacon Harbour Condominium Association, Inc.'s documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Document title and definitions)

Governing law

Florida Condominium Act (Chapter 718, Florida Statutes) (Section 2.1)

Assessments & dues

Board of Directors annually prepares budget, determines assessments, allocates among Unit Owners in accordance with Declaration and By-Laws (Section 12)

Special assessments

Board may levy Special Assessments and Capital Improvement Assessments for nonrecurring costs or capital improvements, payable in lump sum or installments (Section 13.2)

Collections & liens

Association has lien on Condominium Parcel for unpaid assessments, interest, and attorneys fees; effective from recording of claim of lien for first mortgages; foreclosure action allowed; also acceleration of next 12 months' installments af (Section 13.3, 13.4)

Reserves & fees

Common Expenses include all reserves required by Act or established by Association (Section 2.11 (definition of Common Expen)

Architectural approval

Prior written consent of Board of Directors required for any addition, alteration, or improvement in or to Common Elements, Association Property, Unit, or any Limited Common Element (Section 9.1)

Maintenance

Owner responsible for maintenance, repairs, replacements of Unit and Limited Common Elements (including windows, doors, interior, electrical, plumbing, HVAC, etc.) at Owner's cost. Association responsible for Common Elements and Association (Section 7.1, 7.2)

Voting & meetings

Each Unit entitled to one vote, cast by its Owner in accordance with By-Laws and Articles (Section 5.2)

Amendments

By Association: resolution by majority of Board or 1/3 of Unit Owners, approval by >66 2/3% voting interests; material amendments require joinder of record owners and all mortgagees; Developer may amend unilaterally during control period ex (Section 6)

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