Sunrise at Seaside Condominium Association, Inc.

Key facts from Sunrise at Seaside Condominium Association, Inc.'s documents

Reflects the 2000 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article I; Article II.N)

Governing law

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

Special assessments

Board may levy additional assessment if needed, subject to majority vote of Association membership at a meeting with quorum. If Developer owns at least 2 Units, Developer's prior written approval required. (Article VII.E.2)

Collections & liens

Assessments constitute a lien against each Unit. Association may record notice of lien and foreclose. Must give 30 days notice before filing foreclosure action. First mortgagee liability limited to lesser of 6 months assessments or 1% of or (Article VII.E.6)

Reserves & fees

Annual budget includes reserves for capital expenditures and deferred maintenance (may be waived by majority vote). Also general operating reserve not to exceed 10% of current annual assessment, capped at 30%. (Article VII.G)

Leasing & rentals

Yes, Units may be rented on a transient basis and also leased (in entirety) for longer terms with Association approval for terms over one year. (Article V.M (rentals); Article V.V (leas)

Architectural approval

Yes, prior written consent of Association and NCL Owner required for any alterations, additions, or improvements affecting exterior appearance or structure. (Article V.H; Article V.O)

Voting & meetings

One vote per Unit. Each Unit Owner entitled to one vote per Unit owned. Voting Interest: one voting interest per Unit. (Article IV.D; Article II.HH (Voting Inte)

Amendments

Some provisions require 4/5ths or 80% vote of total voting interests for amendment; general amendment procedure not specified. (Article V.C (4/5ths); Article V.H (80%);)

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