Brisas Del Lago Condominium Association, Inc.

Key facts from Brisas Del Lago Condominium Association, Inc.'s documents

Reflects the 1988 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Declaration title)

Legal name

BRISAS DEL LAGO CONDOMINIUM ASSOCIATION, INC. (Article 2.4)

Governing law

Florida Condominium Act (Chapter 718 of Florida Statutes) (Section 2.1)

Special assessments

Allowed: for capital additions costing over $10,000 in aggregate in any calendar year requires majority approval of Units represented at quorum (Section 8). For corrections of Owner's work, Association may impose special assessment plus 10% (Sections 8 and 9.1)

Reserves & fees

Budget includes reserves for roofing (15-year life), painting (5-year life), paving (10-year life). Monthly reserve sub-total for Phase I: $94.40. (Phase I Proposed Budget)

Voting & meetings

Each Residential Unit entitled to one vote, cast by its Owner (Section 5.2)

Amendments

Amendments by Association require affirmative vote of Unit Owners owning >50% of Units represented at quorum and not less than 66 2/3% of Board (or after turnover, 80% of Units represented, or 100% of Board, or not less than 50% of Board fo (Sections 6.1, 6.2, 6.4)

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