Lionsgate Key West Condominium Association, Inc.

Key facts from Lionsgate Key West Condominium Association, Inc.'s documents

Reflects the 1998 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Section 1.1: "Lionsgate Key West, a Cond)

Legal name

Lionsgate Key West, a Condominium

Developer / declarant

Personal Touch of the Keys, Inc.

Governing law

Chapter 718, Florida Statutes (Condominium Act) (Section 1: "in the manner provided by Ch)

Assessments & dues

Board has power to fix, determine and collect assessments (Declaration Section 6: "The Board shall )

Special assessments

Board may levy additional assessments if insufficient funds or emergency, subject to majority vote at a duly called meeting with quorum (Declaration Section 6.4)

Collections & liens

Association has lien on each unit for unpaid assessments, interest, reasonable attorneys' fees, costs. Lien effective upon recording claim of lien. Personal obligation also exists. (Declaration Sections 6.5 and 6.6)

Reserves & fees

Association shall establish and maintain an adequate reserve fund for periodic maintenance, repair, replacement of improvements to common elements, funded out of regular assessments (Declaration Section 6.7)

Use restrictions

Lands and improvements for residential use only; no business or commercial purposes (Declaration Section 10.1)

Voting & meetings

One vote per unit (Bylaws Article II Section 2; Declaration)

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