Kensington at Old Kings Road Land Condominium Association

Key facts from Kensington at Old Kings Road Land Condominium Association's documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Land Condominium (Section 1.3 and Section 3.1)

Legal name

KENSINGTON AT OLD KINGS ROAD LAND CONDOMINIUM ASSOCIATION, INC. (Section 2.4)

Governing law

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

Assessments & dues

Board of Directors prepares budget at least annually, determines assessments, and notifies Unit Owners in writing (Section 14)

Special assessments

Board may levy Special Assessments and Capital Improvement Assessments; if aggregate exceeds greater of 25% of prior year assessments or $25,000, majority approval required (Section 15.2)

Collections & liens

Association has lien on each Condominium Parcel for unpaid assessments; lien effective from recording of Declaration but as to first mortgages effective from recording of claim of lien; foreclosure in manner of mortgage; Association may acc (Section 15.3, 15.4, 15.5)

Reserves & fees

Common Expenses include reserves if required by Act; reserves may be waived as permitted by Act (Section 2.12 and Section 14)

Leasing & rentals

Any Unit may be leased for uses consistent with Declaration, development orders, recorded restrictions, and applicable laws (Section 11.2)

Signs & flags

Each Unit Owner responsible for signage on its Unit or Limited Common Elements; must be maintained per Association design criteria, standards, rules, and applicable laws; if not maintained, Association may perform maintenance and charge Own (Section 11.3)

Voting & meetings

Unit 1: 3 votes; Unit 2: 2 votes; total 5 votes. Votes cast in accordance with Bylaws and Articles. (Section 5.2)

Amendments

Generally requires affirmative vote of not less than 2/3 of voting interests; material amendments require joinder of all record Owners and mortgagees; Developer may amend alone during control period except for material amendments; mortgagee (Sections 6.1-6.6)

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