Oceans West One Condominium Association, Inc.

Key facts from Oceans West One Condominium Association, Inc.'s documents

Reflects the 1981 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 1.1: "Oceans West One, a condomi)

Units / lots

249 (Section 3.4.a: "The building contains 24)

Governing law

Chapter 718, Florida Statutes (Condominium Act) (Section 1: "as it exists on the date her)

Assessments & dues

By the Association in accordance with the By-laws, with initial budget contained in Prospectus. (Section 6.1, 6.4 (prospectus reference))

Special assessments

Permitted for reconstruction and repair costs exceeding insurance proceeds (Section 9.5.a) and for other common expenses as per By-laws. (Section 9.5.a: "assessments shall be mad)

Collections & liens

Association has a lien on a unit for unpaid assessments and other charges, plus interest and reasonable attorneys' fees. Lien secures collection and enforcement. (Section 6.3: "The Association shall have)

Reserves & fees

Referenced in Section 6.4 regarding Developer's accounting for reserves for capital expenditures and deferred maintenance. (Section 6.4: "reserves for capital expen)

Leasing & rentals

Yes, entire units may be rented, with minimum term of two (2) months. No rooms may be rented except as part of an apartment or to another apartment owner. No transient tenants allowed. (Section 10.6: "Entire units may be rente)

Architectural approval

Yes, for alterations to portions of unit maintained by Association, or any alteration that changes exterior appearance. Requires approval in writing of owners of all affected units and Board of Directors; if exterior appearance changes, als (Section 5.1.c)

Signs & flags

Developer may display signs for sale (Section 10.8). Unit owners: not explicitly addressed, but exterior appearance provision (10.4) prohibits affixing items to exterior walls without Association consent; signs likely covered. (Section 10.8, Section 10.4)

Maintenance

Roof is a common element; maintained by Association. (Section 5.2.a (common elements), Section)

Insurance

Master policy purchased by Association covering building and common elements, including fixtures, improvements, refrigerators, air conditioners, ranges, dishwashers, clothes washers/dryers within units. Coverage includes fire and extended c (Section 8.1, 8.2)

Use restrictions

Yes: "Each of the units shall be occupied on a permanent basis by only one family, its servants and guests, and used as a residence and for no other purpose." (Section 10.1)

Voting & meetings

249 votes total, one vote per unit. Unit owner casts vote in person or by written proxy? (written designation for corporate or joint owners). Each unit entitled to one vote; no vote if unit owned by Association. (Section 7.2: "The owners of each condomi)

Amendments

Index shows Section 13: Notice, Adoption, Proviso, Execution and Recording. Full text not provided, but Section 5.1.c indicates amendments for unit boundary changes require execution and acknowledgment by Developer and approval by instituti (Index for Section 13; Section 5.1.c (spe)

Amenities

Outdoor swimming pool, recreation areas on first floor (including outdoor area except parking), parking garage, storage rooms, manager's apartment and office. Not specified: gym, clubhouse, lake, trails, gates. (Section 3.4.b, Section 3.7.b, 3.7.c, 3.7)

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