15 Bay Road Residences Condominium Association, Inc.

Key facts from 15 Bay Road Residences Condominium Association, Inc.'s documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 1.3, Section 1.2)

Units / lots

3 residential units (Section 3.1 ‘three (3) residential Units)

Governing law

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

Special assessments

Not explicitly addressed; Common Expenses may include any funds required (2.14) (Section 2.14)

Reserves & fees

Reserves required by Act or established by Association are part of Common Expenses (Section 2.14(ii))

Architectural approval

Prior written consent of Board required for any addition, alteration, or improvement that alters exterior appearance, affects structural/electrical/plumbing/mechanical systems, or otherwise requires approval (Section 9.1)

Maintenance

Unit Owner liable for damage to Common Elements, Limited Common Elements, or other Units caused by owner, occupant, guest, or invitee, or from unit-originating fire/leak, to extent not paid by Association’s insurance (Section 7.6)

Use restrictions

Units are Residential Units; no express prohibition of business (Section 2.30 ‘Residential Unit’)

Voting & meetings

Each Unit entitled to one vote; Unit Owner is a member of the Association (Section 5.2)

Amendments

Amendments require approval of >66 2/3% of voting interests (except Board may make certain conforming amendments); Material Amendments require consent of affected Owner and mortgagees; Developer may amend unilaterally while owning any porti (Section 6.1, 6.2, 6.3, 6.5, 6.6, 6.7)

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