Tradewinds Condominium

Key facts from Tradewinds Condominium's documents

Reflects the 1984 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

Tradewinds Condominium Owner's Association, Inc. (Article I, §11; Article V)

Units / lots

33 (initially); up to 35 additional units possible (total 68) (Article II (description of initial build)

Developer / declarant

Federal Construction Co., Inc. (Preamble; Article I, §13)

Governing law

Chapter 718, Florida Statutes (Condominium Act) (Preamble)

Assessments & dues

Initial monthly assessment capped at $90.84 for developer-owned units until March 1984. Actual amounts set by budget. (Article XVII, §A)

Special assessments

Board may levy additional assessments if needed, including for emergencies. (Article XVII, §C)

Collections & liens

Association has lien for delinquent assessments, enforceable like real estate mortgages. Lien recorded in public records. Subordinate to prior recorded mortgages. (Article XVII, §H, §I)

Reserves & fees

Referred to in Article XIII (insurance section) but not detailed. Not explicitly required in this declaration. (Article XIII (mentions 'reserve for repl)

Leasing & rentals

Yes, including daily rentals. (Article XII, §1)

Parking & vehicles

Association may assign parking spaces to individual owners. (Article XII, §2)

Home business

Prohibited without prior written consent; association may allow real estate sales/rental office. (Article XII, §6)

Voting & meetings

One vote per apartment owned. Members are record owners of apartments. (Article VI)

Amendments

Requires either: (a) 66-2/3% of board and 51% of membership; or (b) 75% of membership; or (c) unanimous written agreement. Developer may unilaterally correct legal descriptions or minor defects without approval. Amendments recorded in publi (Article VII)

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