Flightway at Panam East Condominium Association, Inc.

Key facts from Flightway at Panam East Condominium Association, Inc.'s documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Section 1)

Legal name

Flightway at Panam East Condominium Association, Inc. (Section 4.D)

Governing law

Chapter 718, Florida Statutes (Condominium Act) (Section 1)

Assessments & dues

Board establishes annual budget and levies assessments; additional assessments if Board deems necessary (Section 16.A)

Special assessments

Board may levy additional assessments if budget insufficient or for emergencies (Section 16.A)

Collections & liens

Association has lien on unit for unpaid assessments, interest, costs, attorney's fees; may foreclose like real estate mortgages; claim of lien recorded; one-year limitation; receiver for rents; acceleration allowed (Section 16.F, 16.G, 16.H)

Reserves & fees

10% of assessments/installments if unpaid over 10 days after due date (or other charge determined by Board), each month delinquent (Section 16)

Leasing & rentals

Not explicitly restricted in provided text; Section 18 (Conveyances, Leases, Mortgages and Use of Unit) is referenced but text not included; no specific lease terms visible (Table of Contents lists Section 18)

Architectural approval

Yes, for alterations to exterior or Common Elements; all contractor work must be approved (Section 12.A.2, 12.A.5)

Home business

Not restricted; commercial use allowed under zoning (Section 2 (nonresidential))

Voting & meetings

One vote per unit; if multiple owners, one designated voting member; corporate president votes for corporate owner; Developer votes for each unsold unit (Section 11)

Amendments

Referenced in Table of Contents (Section 23) but text not included in provided excerpt (Table of Contents, Section 23)

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