Aventura Marina Two Condominium Association, Inc.

Key facts from Aventura Marina Two Condominium Association, Inc.'s documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 1.2: 'submits the Land ... to th)

Units / lots

252 (Section 3.1: 'one (1) Building containin)

Governing law

Florida Condominium Act (Chapter 718, Florida Statutes) (Section 2.1: 'Act means the Florida Cond)

Assessments & dues

Based on percentage ownership (square footage of each Unit relative to total); Board prepares budget and allocates (Section 5.1: 'undivided percentage inter)

Special assessments

Permitted; defined as nonrecurring charges not for capital improvements; Capital Improvement Assessments for acquisition/construction/replacement of capital improvements (Section 13.2: 'Special Assessments' and )

Collections & liens

Association has lien on each Condominium Parcel for assessments; effective from recording of Declaration, but as to first mortgage, effective from recording of claim of lien; claim must be enforced within 1 year; includes unpaid assessments (Section 13.3: 'Association has a lien on)

Reserves & fees

Common Expenses include all reserves required by Act or otherwise established (Section 2.12: 'all reserves required by )

Leasing & rentals

Permitted (Developer has right to use Units for sales and leasing; no prohibition on Owners leasing) (Section 3.4(g): 'use any such Units ... )

Parking & vehicles

Not explicitly addressed (Not provided)

Architectural approval

Yes, for any addition/alteration visible from other Units, Common Elements, or Common Properties; also requires Homeowners' Association approval if applicable (Section 9.1: 'No Unit Owner shall make a)

Signs & flags

Developer permitted to erect signs for sales and advertising; no provision for Unit Owner signs (Section 3.4(g): 'erect on the Condominiu)

Maintenance

Association maintains roofing membrane and roofing surface as part of overall waterproofing (Section 3.3(b): 'the roofing membrane an)

Use restrictions

Implied (dwelling purposes), but not explicitly stated as exclusive use (Section 3.4(m): 'will not prevent or unr)

Voting & meetings

Each Unit entitled to one vote cast by its Owner (Section 5.2: 'Each Unit shall be entitle)

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