The Rex Gardens Condominium Association, Inc.

Key facts from The Rex Gardens Condominium Association, Inc.'s documents

Reflects the 1973 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Article I)

Legal name

The Rex Gardens Condominium Association, Inc.

Developer / declarant

MEYER KOTLER and SAMUEL KOTLER

Governing law

Florida Condominium Act, Section 711, Florida Statutes (1967), and Amendments thereto (Article I)

Assessments & dues

Board of Directors establishes an annual budget in advance of each fiscal year (calendar year); common expenses allocated according to percentage shares on Exhibit B (Article VII(a))

Special assessments

May be made by Board for needs, emergencies, repairs, replacements; if not connected to actual operating/managerial/maintenance expense, requires prior approval of owners of at least a majority of apartments (Article VII(b))

Collections & liens

Association may foreclose its lien as provided in Condominium Act; lien also secures reasonable attorneys' fees and costs (Article VII(d),(e),(f))

Reserves & fees

Operating reserve not to exceed 15% of total projected common expenses for the year (Article VII(a))

Pets

Only with written consent of Board of Directors; consent may be revoked by Board upon due notice if majority determines pet interferes with quiet enjoyment, health, or welfare of other owners (Article X(d))

Leasing & rentals

Yes, but subject to Association's right of first refusal (Article XIII)

Architectural approval

Written consent of Board required for any structural modifications or alterations; consent may be withheld if majority determines adverse effect (Article XI)

Home business

Prohibited (no commercial purposes) (Article X(a))

Use restrictions

Each apartment restricted to residential use by owner, immediate family, guests, and invitees; no transient, hotel, or commercial use (Article X(a))

Voting & meetings

One vote per apartment; owner of multiple apartments casts that many votes (Article VI)

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