3187-3189 Hibiscus Condominium Association, Inc.

Key facts from 3187-3189 Hibiscus Condominium Association, Inc.'s documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 1.3)

Governing law

Florida Condominium Act (Chapter 718 of the Florida Statutes) (Section 1.2)

Assessments & dues

Board prepares budget at least annually, determines assessments to meet Common Expenses, allocates per Unit shares in Exhibit 'C' (based on square footage) (Section 12 and Section 5.1)

Special assessments

Any assessment levied other than the Assessment required by annually adopted budget (Section 2.25)

Collections & liens

Association has a lien on each Condominium Parcel for unpaid assessments; may foreclose in same manner as mortgage of real property; may also bring action at law; claim of lien valid for one year unless enforcement action commenced (Section 13.2 and 13.3)

Reserves & fees

Required unless waived in accordance with applicable law; included in Common Expenses (Section 12)

Parking & vehicles

Limited Common Elements include parking areas abutting each Unit; no further rules stated. (Section 3.3)

Signs & flags

Developer may erect signs and promotional material on Condominium Property and Association Property to advertise Units for sale or lease (Section 3.4(g))

Maintenance

Not explicitly stated; likely included in Common Elements (building structure). See Section 2.10(d): property for utility services to more than one unit is Common Elements. (Section 2.10(d))

Insurance

Reasonable deductible provisions as determined by Board of Directors (Section 14.2(a))

Voting & meetings

Each Unit is entitled to one vote cast by its Owner; Unit Owner may personally cast vote (Section 5.2)

Amendments

Approval by >67% of voting interests of all Unit Owners, unless otherwise provided. Board may make certain amendments without Owner consent (e.g., to conform to mortgagee requirements or law). Material amendments (changing Unit size, appurt (Section 6.1, 6.2, 6.2 (Material Amendmen)

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