Paradise Villas Cond

Key facts from Paradise Villas Cond's documents

Community type

Condominium

Legal name

Paradise Villas Condominium

Developer / declarant

LEF ENTERPRISES, LLC

Governing law

Chapter 718 of the Florida Statutes (Condominium Act) (Submission Statement)

Assessments & dues

Board approves annual budget; assessments calculated based on budget (Section 15.02, Page 9)

Special assessments

Permitted by Board for unanticipated expenditures (Section 15.02, Page 9)

Collections & liens

Association has lien on each condominium parcel for unpaid assessments; may foreclose like mortgage (Sections 16.05-16.07, Pages 10-11)

Reserves & fees

Common Expenses include reserves (implied) (Definition of Common Expenses, Page 2)

Pets

Only cats, dogs, birds in cages inside Units, fish in tanks, terrarium animals of Owners (Section 19(j), Page 12)

Leasing & rentals

Leasing of Unit for profit is not considered a business, implying leasing is permitted (Section 19(f), Page 12)

Parking & vehicles

Vehicles limited to Unit driveways, garages, and areas designated by Developer or Association (Section 19(b), Page 11)

Architectural approval

Prior written consent of all Unit Owners required for material exterior alterations; no specific ARC (Section 12.01, Page 7)

Home business

Home occupations meeting Holmes Beach City Code are allowed (Section 19(f), Page 12)

Signs & flags

Portable, removable US flag allowed; on specified days, official armed forces flags not larger than 4' x 6' (Section 19(h), Page 12 (note: text says )

Maintenance

Roof is part of Unit (upper boundary includes roofing material); therefore Unit Owner responsible (Section 6.02(a) and 6.03 (galvanized roo)

Insurance

Association maintains public liability insurance covering Common Elements (excluding Limited Common Elements) (Section 25.04, Page 15)

Voting & meetings

One vote per Unit, cast by Voting Representative (Section 20.02, Page 13)

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