Altamira Master Association, Inc.

Key facts from Altamira Master Association, Inc.'s documents

Community type

Condominium (Article I: name ALTAMIRA GARDENS, A cond)

Governing law

Florida Statutes Chapter 718 (Condominium Act) (Article V (Condominium Act reference))

Assessments & dues

Annual assessment on December 1, due in twelve equal monthly installments on 1st of each month (Article XII C)

Special assessments

Permitted for emergencies upon Board approval after 30 days notice (Article XII E)

Collections & liens

Association has lien on unit for unpaid assessments; may foreclose (Article XII H, I, J 2)

Reserves & fees

Reasonable allowance for contingencies and reserves included in assessment (Article XII C)

Leasing & rentals

Yes, with written approval of Board of Directors (Article XIV D 1)

Maintenance

Association (included in common elements) (Article VIII A 1 (roofs listed))

Insurance

Casualty insurance on all buildings and improvements, standard extended coverage; public liability (Article XIII F 2 (a) and (b))

Use restrictions

Condominium property used for residence purposes only (Article XIV A)

Voting & meetings

One vote per unit owned (Article VII (each unit owner entitled to)

Amendments

75% of members and all Directors; institutional mortgagee approval required; recorded in Dade County (Article XV A)

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