Puerta De Palmas Condominium Association, Inc.

Key facts from Puerta De Palmas Condominium Association, Inc.'s documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

Puerta de Palmas Condominium Association, Inc. (§2(b); §7)

Units / lots

198 (§8: "There are one hundred ninety eight )

Governing law

Chapter 718 of the Florida Statutes (Condominium Act) (Introductory paragraph and §1)

Assessments & dues

Detailed table of monthly and annual assessments for 198 units (types L1-L21, G1-G5, and numbered units 1-17) during Guaranty Period; range from $332.15 ($6,385.83 annually) to $652.43 ($7,829.16 annually) (§15 (table on pages 14-15))

Special assessments

Allowed; levied by Board when necessary to cover unanticipated expenditures; requires written notice to each Unit Owner (§2(n); §15)

Collections & liens

Association has liens for unpaid assessments (including interest and attorneys' fees) as provided by Condominium Act; may accelerate annual assessment with 10 days' notice (§15)

Reserves & fees

Reserves may be waived for calendar year of Declaration recording; may be waived annually thereafter per Chapter 718 (§15)

Pets

Yes, with restrictions (§10(a)(20))

Leasing & rentals

Yes, subject to Board approval and restrictions (§14(a))

Use restrictions

Yes; no use other than residential purposes (§10(a)(1))

Voting & meetings

Voting Interest distributed to members per this Declaration; each unit generally has one vote unless combined units (combined unit has two votes); Voting Certificate required for entities (§2(q), (r); §4 (combined units have two )

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