Melrose Apartments I Condominium Association, Inc.

Key facts from Melrose Apartments I Condominium Association, Inc.'s documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Prospectus page 1, Declaration of Condom)

Legal name

MELROSE APARTMENTS I CONDOMINIUM ASSOCIATION, INC. (Declaration Article II C, page 14)

Governing law

Chapter 718, Florida Statutes (Condominium Act) (Declaration Article I, Article II A)

Assessments & dues

Guaranteed maximum: Type A $1,323.22 annual ($110.27 monthly); Type B $996.78 annual ($83.06 monthly) (Declaration Article XIV, page 20 (Book24)

Special assessments

Board may levy additional/special assessments when regular assessments insufficient or in emergencies (Declaration Article XIII E, page 16 (Boo)

Reserves & fees

Required reserve for capital expenditures and deferred maintenance (roof replacement, building painting, pavement resurfacing, or any item >$10,000). Use of reserves for other purposes requires majority vote. (Declaration Article XIII F, page 17 (Boo)

Pets

Pets permitted subject to paragraph 20 of Rules and Regulations (Exhibit F) (Prospectus page 6; Declaration Article X)

Setbacks / home size

4 stories (Prospectus page 4: "The building is four)

Use restrictions

Units may be used only as single-family residences and for no other purpose; no partition or subdivision (Prospectus page 6; Declaration Article I)

Voting & meetings

One vote per unit (Declaration Article IX D, page 12 (Book2)

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