Yulee Professional Park Condominium Association, Inc.

Key facts from Yulee Professional Park Condominium Association, Inc.'s documents

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

Community type

Land Condominium (Title: 'YULEE PROFESSIONAL PARK, A LAND )

Legal name

Yulee Professional Park Condominium Association, Inc. (Phase Three Amendment, Joinder; Original)

Units / lots

4 (Unit 1 Phase 1, Unit 2 Phase 1, Unit 3 Phase 2, Unit 4 Phase 3) (Phase Three Amendment, Section 3: percen)

Developer / declarant

ABM DEVELOPERS, LLC, a Florida limited liability company (Opening paragraph of Phase Three Amendme)

Governing law

Chapter 718, Florida Statutes (Condominium Act) (Article I, Preliminary Statements 1.2; A)

Collections & liens

Unpaid assessments become a continuing lien on the Unit, may be foreclosed, and Association may bid at foreclosure sale. (Original Declaration Article VIII, Secti)

Reserves & fees

Greater of $50 or 5% of each installment per delinquent assessment. (Original Declaration Article VIII, Secti)

Leasing & rentals

Yes, subject to reasonable regulation by Board. Owner must notify Association, provide copy of lease, and Owner is jointly liable with lessee. (Original Declaration Article X, Section )

Voting & meetings

One vote per Unit owned. Each Unit Owner has one vote for each Unit owned. (Original Declaration Article V, Section )

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