3000 Island Boulevard Condominium Association, Inc.

Key facts from 3000 Island Boulevard Condominium Association, Inc.'s documents

Community type

condominium (Preamble)

Legal name

3000 ISLAND BOULEVARD CONDOMINIUM ASSOCIATION, INC. (Section 2.5)

Units / lots

186 (167 residential penthouses and 19 Supplemental Units) (Section 3.1)

Governing law

Florida Condominium Act (Chapter 718) (Section 2.1)

Assessments & dues

Board of Directors prepares annual budget, determines assessments, allocates according to percentage share in Common Elements (Exhibit 3) (Section 12 and 5.1)

Collections & liens

Association has lien on each Condominium Parcel for unpaid assessments, interest, attorney's fees and costs. Lien evidenced by recorded claim of lien. Foreclosure action allowed. Also acceleration of next 12 months' assessments upon 30 days (Section 13.2, 13.3)

Reserves & fees

Required by Act; included in Common Expenses (Section 2.9)

Architectural approval

Board must answer written request within 30 days after all information received; failure to do so constitutes consent (Section 9.1)

Voting & meetings

Each Unit entitled to one vote cast by its Owner (Section 5.2)

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