Crystal Cove Condominium Association, Inc.

Key facts from Crystal Cove Condominium Association, Inc.'s documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article 1.01 (creates 'Crystal Cove Cond)

Units / lots

34 residential units in First Phase (Article 3.01(b): 'thirty-four (34) Resid)

Governing law

Chapter 718, Florida Statutes (Condominium Act) (Recital B and Article 1.01)

Assessments & dues

Board adopts annual budget; Association levies assessment per unit equal to budget amount times unit's Share of Common Expenses (based on square footage ratio) (Article 7.03 and 7.04)

Special assessments

Allowed (implied by definition of 'Assessment' which includes both Annual and Special Assessments, and Article VII generally) (Article 2.01(e) (definition of Assessmen)

Collections & liens

Association has a lien on each unit for unpaid assessments; lien may be foreclosed; lien priority subordinate to first mortgages recorded before delinquency; lien perfected by recording Claim of Lien; Association may also sue for money judg (Article 7.06)

Reserves & fees

Association may maintain reserves; developer may waive funding for first fiscal year and (by vote) for second year; thereafter non-developer owners may vote to fund partially or fully (Article 7.08)

Pets

Yes, owners may have one dog or one cat; tenants cannot keep animals (Article 10.16)

Leasing & rentals

Yes, no restrictions on leasing by owner (Article 10.05(b): 'There are no restrict)

Parking & vehicles

Prohibited (no mobile home, trailer, detached camper, camper shell, boat or similar) (Article 10.13(a))

Architectural approval

Yes, prior written consent of Association and Sandestin ARB for any alteration affecting Common Elements, Limited Common Elements, or exterior (Article 10.07(a))

Home business

Incidental personal business permitted (personal library, accounts, professional calls); not for customers or employees (Article 10.05(a) (second sentence))

Maintenance

Common Element – Association maintains (Article 9.01(a); Common Elements include)

Insurance

Association shall obtain insurance coverage required by Section 718.111(11)(a) Florida Statutes; fidelity bond for those handling funds (Article 12.01 (reference to statute); Ar)

Use restrictions

Yes, units may be used only as permanent or vacation residence for owner and guests; no business, profession, occupation, or trade (with incidental exceptions) (Article 10.05(a))

Voting & meetings

One vote per residential unit; owner of fee simple votes; if multiple owners, they must agree; developer retains vote per unit owned (Article 5.02(a)-(c))

Amendments

Amendments made in accordance with Act (Chapter 718); recorded; may require approval of mortgagees etc. (Art. 17.03); Bylaws amendments must be recorded (Article 17.03; also 4.05 (Bylaws amendme)

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