Piper Dunes Condominium Association, Inc.

Key facts from Piper Dunes Condominium Association, Inc.'s documents

Reflects the 1994 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title: 'DECLARATION OF CONDOMINIUM FOR P)

Governing law

Chapter 718, Florida Statutes (1989, as amended) – the Condominium Act (Article II: 'pursuant to Chapter 718, Fl)

Assessments & dues

Not explicitly stated; set by Board annually based on budget and per Unit percentages (Exhibit B). (Article XVII(A) and (C))

Special assessments

Board may levy additional assessments as needed, with specific purpose stated in written notice. (Article XVII(C): 'the Board shall have t)

Reserves & fees

Required annually for capital expenditures, deferred maintenance, and replacement of Common Elements. Amount computed by formula based on estimated life and replacement cost. Unit Owners may vote (51%) to reduce or eliminate reserves for a (Article XVII(D): 'include therein a sum )

Leasing & rentals

Yes, Units may be leased by Unit Owners, but with restrictions added by amendment. (Article XV(A) original: 'Units may be le)

Use restrictions

Each Unit shall be occupied only by a single family, its servants and guests or lessees, as a residence and for no other purposes. (Article XV(A) (original text))

Voting & meetings

One vote per Unit, appurtenant to the Unit. May be exercised by Unit Owner(s) or duly constituted proxy. (Article X: 'there shall be appurtenant .)

Amendments

Amendments require affirmative vote of not less than 66 2/3% of Voting Interests at a meeting (with 30-60 days' notice) or by written instrument signed by same percentage. Developer may amend unilaterally in certain cases (e.g., add phases, (Article XI)

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