Aurora Condominium Association, Inc.

Key facts from Aurora Condominium Association, Inc.'s documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 1.2 (submission to condominium f)

Legal name

AURORA CONDOMINIUM ASSOCIATION, INC., a Florida corporation not for profit (Section 2.4 (Definition of 'Association')

Units / lots

62 (61 Residential Units and 1 Commercial Unit CU-1) (Section 3.1)

Governing law

Florida Condominium Act (Chapter 718 Florida Statutes) as it exists on the date hereof and as it may be hereafter renumbered (Section 2.1 (Definition of 'Act'))

Assessments & dues

Based on percentage share of Common Expenses per Exhibit 3, determined by square footage of Unit in relation to total square footage of all Units (Section 5.1); Communication Services may be assessed equally (Section 5.1)

Special assessments

Not explicitly defined, but 'Extraordinary Financial Event' defined as Common Expenses resulting from natural disaster or Act of God not covered by insurance proceeds (Section 2.28) (Section 2.28)

Collections & liens

Not detailed; but reference to unpaid share of Common Expenses extinguished by foreclosure of a superior lien or deed in lieu of foreclosure is included in Common Expenses (Section 2.16(k)) (Section 2.16(k))

Reserves & fees

All reserves required by the Act or otherwise established by the Association are part of Common Expenses (Section 2.16(b)) (Section 2.16(b))

Leasing & rentals

Not explicitly addressed; Tenant is defined as a person legally entitled to use of Unit under lease, rental, or similar agreement (Section 2.51); Permitted User includes Tenants (Section 2.44) (Sections 2.51, 2.44)

Parking & vehicles

Parking spaces are Limited Common Elements upon assignment; includes Tandem Spaces (valet only); developer reserves right to assign parking spaces and valet rights; Association responsible for maintenance of assigned parking spaces; Owner r (Section 3.3(b))

Architectural approval

Not explicitly stated; but Unit Owners have right to alter Limited Common Elements as if part of Unit (Section 3.3(f)), and Board may reclassify Common Elements as Limited Common Elements (Section 3.3(f))

Maintenance

Association responsible for maintenance, repair, replacement of structural and mechanical elements of Limited Common Elements (patios/balconies/terraces/lanais) and parking spaces (structural); Unit Owner responsible for other portions, cle (Sections 3.3(a), 3.3(b), 3.3(c))

Insurance

Not detailed in provided text; insurance costs included in Common Expenses (Section 2.16(i) includes insurance for officers/directors, self-insurance fund per 624.462 F.S.) (Section 2.16(i))

Use restrictions

Not explicitly stated; Commercial Unit CU-1 exists with different rules; Residential Units are the other 61 (Sections 2.12, 2.48)

Voting & meetings

Each Unit entitled to one (1) vote cast by its Owner (Section 5.2)

Amendments

Amendments require affirmative vote representing in excess of a majority of voting interests of all Unit Owners; notice of subject matter required; Material Amendment requires joinder of affected Unit Owners and mortgagees and majority vote (Sections 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.