3253/55 Percival Ave Condominium Association, Inc.

Key facts from 3253/55 Percival Ave Condominium Association, Inc.'s documents

Reflects the 2025 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

3253/55 PERCIVAL AVE Condominium Association, Inc. (Section 2.4)

Developer / declarant

CARR PROPERTIES PARTNERS, LLC (First sentence of Declaration)

Governing law

Florida Condominium Act (Chapter 718 of the Florida Statutes) (Section 2.1)

Special assessments

Permitted; if exceeds 5% of estimated operating budget, requires approval of majority of voting interests at a quorum meeting. Exception for Extraordinary Financial Event. (Section 12.2, 12.3)

Reserves & fees

Required by Act or established by Association; included in Common Expenses. (Section 2.11.2 ("All reserves required b)

Leasing & rentals

Leasing is contemplated; subject to Section 17 (not provided). Developer may use Units as temporary accommodations not considered leasing. (Section 3.4.8 ("which accommodations sha)

Voting & meetings

Each Unit has one vote. (Section 5.2 ("Each Unit has one vote."))

Amendments

Amendments require affirmative vote of Unit Owners owning all voting interests represented at a quorum meeting and not less than all Board members; recorded in public records. (Section 6.1, 6.2)

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