Grand Royale Condominium

Key facts from Grand Royale Condominium's documents

Reflects the 1996 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (p.1, §1)

Legal name

THE GRAND ROYALE, A CONDOMINIUM

Developer / declarant

VISTA II, INC., a Florida corporation (p.1)

Governing law

Chapter 718, Florida Statutes (Condominium Act) (p.1, §1)

Assessments & dues

guaranteed not to exceed amounts in Initial Operating Budget (Exhibit 3) and Statement Of Guaranteed Assessments (Exhibit 4); specific amounts not given (p.10, §15.7)

Special assessments

allowed; Board may amend budget and assessment if annual assessment insufficient (p.65, §5.3 (Bylaws))

Collections & liens

Association has lien on each Unit for unpaid assessments; may foreclose; subordinated to prior recorded bona fide liens (p.9-10, §15.3, §15.4)

Reserves & fees

not explicitly addressed

Leasing & rentals

yes, with restrictions; entire Units may be leased for periods of not less than 60 days; no more than 3 times per calendar year; no room rentals; no transient tenants (p.19, §19(J)(K))

Parking & vehicles

automobiles, private passenger vans, bicycles allowed in designated areas; one carport per unit; no recreational vehicles, boats, trailers, trucks, pickups, motorcycles, commercial vans without Board permission; golf carts from Vista Royale (p.18, §19(F)(G))

Architectural approval

structural alterations require prior written approval of Board; exterior changes require Board approval (p.8, §14.1(D); p.8, §14.2(B))

Home business

not for business or any other purpose (p.17, §19(A))

Use restrictions

each Unit occupied only as a single family private dwelling (p.17, §19(A))

Voting & meetings

owner of each Unit entitled to one (1) vote (p.11, §16.4)

Amendments

Declaration: amendments need only be signed by Developer during construction; later amendments require vote of 66 2/3% of unit owners for common element alterations (but not explicitly for other amendments); Bylaws amendments require 2/3 of (p.3, §5; p.8, §14.2(B); p.12, §16.5; p.6)

Amenities

lake for surface water/stormwater management, recreational area, preserve easement, carports, landscaping (p.1-2, §4)

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