One Seventeen Professional Arts Center Master Association, Inc.

Key facts from One Seventeen Professional Arts Center Master Association, Inc.'s documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Non-residential commercial condominium (Article V.5.1, Page 6)

Legal name

ONE SEVENTEEN PROFESSIONAL ARTS CENTER CONDOMINIUM ASSOCIATION, INC. (Section 4.3, Page 2; Section 12.1, Page )

Units / lots

Not explicitly stated; units identified in Exhibit B (Article VI.6.1, Page 7)

Governing law

Condominium Act of the State of Florida, Chapter 718, Florida Statutes (Article I, Page 1)

Special assessments

Allowed: Board may levy special assessments against members or individual Unit Owners for Limited Common Expenses or excess usage (Section 12.6, Page 19; Section 14.2.5.4,)

Reserves & fees

Not required; only collected if majority of Unit Owners vote to establish reserves (Section 13.7, Page 21)

Amendments

Requires affirmative vote of 75% of total voting interests; material amendments also require vote of adversely affected Unit Owners (Section 10.1, Page 17; Section 10.3, Pag)

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