Cambridge Townhouses Condominium Association, Inc.

Key facts from Cambridge Townhouses Condominium Association, Inc.'s documents

Reflects the 1979 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article I: "submit the above described r)

Units / lots

3 (Lots 14, 15, and 16, Block 8) (Article I: "Lots 14,15 and 16 Block_8 in)

Governing law

Florida Condominium Act, Section 718, Florida Statutes (1978) (Article I: "The provisions of the Florid)

Assessments & dues

Board sets annual budget; each owner pays proportionate share (1/8 per Exhibit B); payable monthly or at other intervals (Article VII(A) and Exhibit B)

Special assessments

Board may levy special assessments for emergencies, repairs, etc.; if not connected to operating/managerial/maintenance expense, requires prior approval of majority of unit owners (Article VII(A) second paragraph)

Collections & liens

Association has lien as provided in Florida Condominium Act; may foreclose if delinquency not cured within 60 days; lien secures attorney's fees and costs (Article VII(D), (E), (F): "the ASSOCIATI)

Reserves & fees

Operating reserve may be established not to exceed 15% of total projected common expenses for the year (Article VII(A): "the Board of Administra)

Pets

Yes, but only small pets that can be easily carried by owner (Article X(E): "Small pets which may be e)

Leasing & rentals

Yes, but subject to Association approval; Association may disapprove with or without cause within 14 days of submission (Article XIII(A): "Any UNIT Owner wishing)

Use restrictions

Yes (Article X(A): "Each TOWNHOUSE is hereby )

Voting & meetings

One vote per townhouse unit; owner of multiple units may cast multiple votes (Article VI: "there shall only be one vot)

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