Aqua at Pelican Isle

Key facts from Aqua at Pelican Isle's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 2.15)

Units / lots

80 (48 in Phase I North Tower, 32 in Phase II South Tower) (Section 3.2)

Governing law

Chapter 718, Florida Statutes (Condominium Act) (Section 2.17)

Special assessments

Board may levy additional assessments if funds insufficient or in emergencies (Section 12.3)

Collections & liens

Association has a lien on each Condominium Parcel for unpaid assessments; may foreclose or obtain money judgment; lien relates back to recording of Declaration (but for first mortgages, effective from recording of claim of lien) (Sections 12.5, 12.8)

Reserves & fees

Reserves required by Condominium Act or established by Association; part of Common Expenses; use for other purposes requires majority vote (Section 2.12 (definition), Section 13.3.)

Leasing & rentals

Yes, defined in Section 2.29 (Lease) and 2.30 (Lessee) (Sections 2.29, 2.30)

Use restrictions

Units are for dwelling purposes (Section 5.10 (reference to 'use of Condo)

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