Villas at Marsh Landing Condm

Key facts from Villas at Marsh Landing Condm's documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Paragraph 2: Name of condominium)

Units / lots

194 (192 Residential Units and 2 Commercial Units) (Paragraph 6(a))

Governing law

Florida Condominium Act (Chapter 718, Florida Statutes) (Paragraph 5(b))

Assessments & dues

Determined by Association per Paragraphs 18 and 19 of the Declaration (not fully provided in text); shares set according to Exhibit B based on unit area (Paragraph 5(f) and Paragraph 12(a))

Special assessments

Capital Improvement Assessment for additions/alterations/improvements to Common Elements costing over $25,000 in aggregate in any calendar year requires approval of Owners of a majority of Units represented at a quorate meeting (Paragraph 8(e))

Collections & liens

Association has lien for assessments; acquisition of Unit via foreclosure of assessment lien is exempt from certain owner approval requirements (Paragraph 17(a)(7): 'acquisition of a Un)

Reserves & fees

Required by Act; included in Common Expenses regardless of when funds are expended (Paragraph 5(n) last sentence)

Architectural approval

Yes, for exterior changes, encroachments, etc.; during Developer control developer approves; after, Architectural Review Committee appointed by Board (Paragraph 16(a) and (b))

Signs & flags

Prohibited without prior approval; Developer may erect signs for sale/lease (Paragraph 16(a) and (b) and Paragraph 13)

Maintenance

Association maintains roofs and roof support systems (Paragraph 15(b)(i))

Voting & meetings

One vote per Unit (Voting Interest), total votes equal number of Units (Paragraph 11)

Amendments

By Unit Owners: 66% affirmative vote; requires Developer consent if affects Developer's rights; no change to unit configuration without owner consent. By Developer: unilateral amendments to plans until 51% units sold; special amendments to (Paragraph 14)

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