3167-69 Gifford Lane Condominium Association, Inc.

Key facts from 3167-69 Gifford Lane Condominium Association, Inc.'s documents

Reflects the 2015 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article I)

Governing law

Chapter 718, Florida Statutes (Article I)

Assessments & dues

Developer guaranteed $217.91 per month for first year (Article XVII.B)

Special assessments

Board may levy additional assessments if insufficient or emergency (Article XVII.D)

Collections & liens

Association has lien on unit for unpaid assessments; may foreclose like mortgage (Article XVII.J)

Reserves & fees

Required for roof replacement, building painting, items over $10,000; may be waived by majority vote (Article XVII.D)

Pets

Pets allowed but must be leashed on common elements (Article XV.E)

Leasing & rentals

Implied; Developer expressly has right to lease; owners not restricted (Article XXI)

Architectural approval

Board may adopt approved plan for screening balconies and patios (Article XIX)

Signs & flags

Developer may use signs for sales; no other sign regulation stated (Article XV.G and XXIV)

Maintenance

Roof of building in which unit is located maintained at expense of unit owner whose unit is served (Article XII.A)

Insurance

Deductibles and uninsured losses are common expenses except if caused by unit owner's intentional conduct, negligence, or non-compliance (Article XIII.B.2)

Use restrictions

Each unit shall be occupied only by a family, its servants and guests, as a residence (Article XV.A)

Voting & meetings

One vote per unit regardless of number of owners (Article VIII)

Amendments

Amendment requires notice, proposal by Board or majority owners, adoption by majority vote; certain matters require super-majority or mortgagee consent; recorded (Article XI)

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