Grand Sandestin Condominium

Key facts from Grand Sandestin Condominium's documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium - Phase Condominium under Florida Statutes Chapter 718 (Section 1.01 (creates condominium named )

Units / lots

168 Residential Units and 3 Non-Residential Units in the First Phase (Section 3.01(b))

Developer / declarant

Grand Sandestin Development Company, L.L.C., a Delaware limited liability company (Recitals, before Recital A)

Governing law

Chapter 718, Florida Statutes (Condominium Act) (Recital B, Section 1.01)

Assessments & dues

Determined annually by budget based on unit's share of common expenses (area-based formula) (7.04)

Special assessments

Permitted (part of 'Assessment' definition includes Special Assessments) (2.01(e))

Collections & liens

Association has an Assessment Lien on each Unit for unpaid assessments, interest, costs, and attorney's fees. Lien is prior to all liens except: (i) pre-recorded liens, (ii) real estate tax liens, (iii) first mortgages recorded before the a (Section 7.06 (a)-(c))

Reserves & fees

Association may maintain a reserve fund. Developer voted not to fund reserves for the first two fiscal years. After turnover, non-Developer Unit Owners may vote to waive or reduce reserves; if no action, reserves go into effect. (Section 7.08)

Pets

Yes, Residential Unit Owners may have one dog or one cat within their Unit. Tenants may not maintain animals. Non-residential owner animals require Neighborhood Association approval. (10.16)

Parking & vehicles

Parking spaces in Parking Garages (ground floor garage + approx. 27 spaces beneath Resort Conference Center and up to 72 leased spaces) are Limited Common Elements of Residential Units. First-come, first-served basis. Owner/guest may use on (Section 3.05(b)(iv) a and b)

Architectural approval

Prior written approval of Association and Sandestin ARB required for any alteration affecting Common Elements, Limited Common Elements, or exterior of Units. (10.07(a))

Home business

Prohibited except for incidental personal business that does not involve customers, employees, licensees, or invitees. Examples: maintaining a personal library, keeping personal accounts, making professional telephone calls. (Section 10.05(a) (second sentence))

Use restrictions

Residential Units may only be used as permanent or vacation residence for Owner and Guests. No business, profession, occupation, or trade allowed from the Unit, except incidental personal business (e.g., professional telephone calls, person (Section 10.05(a))

Voting & meetings

Each Residential Unit: 1 vote; each Non-Residential Unit: 4 votes. Only Residential Owners vote on Residential matters (e.g., election of Residential Directors); only Non-Residential Owners vote on Non-Residential matters; all vote on matte (Section 5.02(a),(d))

Amendments

Amendments permitted under Article XVII (exact procedure not shown; references Section 17.03) (Article XVII)

Amenities

Fitness room (first floor of Building A) and two swimming pools (outside Condominium Building). These are Limited Common Elements of Residential Units but subject to easements allowing up to 20 other residential owners to use them per a rec (Section 3.05(b)(v))

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