Aruba at Cove Towers

Key facts from Aruba at Cove Towers's documents

Community type

Condominium

Legal name

Cove Towers Condominium Association, Inc.

Developer / declarant

BAY COLONY-GATEWAY, INC.

Governing law

Florida Statutes Chapter 718 (Condominium Act) (Section 4)

Special assessments

Allowed, board may levy without owner vote for reconstruction after casualty if insurance insufficient; requires 67% vote for very substantial damage special assessment (Sections 11.2.2, 11.2.3.1.2)

Collections & liens

Allowed, referenced F.S. 718.116; unpaid assessments must be paid before transfer approval (Sections 4.5, 13.2.4)

Reserves & fees

Not to exceed $100.00 (Section 13.2.1)

Pets

Yes, as regulated in Rules and Regulations; tenants and guests not permitted to have pets (Section 12.6)

Leasing & rentals

Yes, with restrictions: only entire units, minimum 30 days, max 4 times per calendar year, Association approval required (Section 13.1.2)

Parking & vehicles

Each unit has one assigned under-building or covered space; 50 additional spaces for condominium (Section 12.5)

Architectural approval

Yes, for alterations to common elements (Section 6.5) and hard-surface flooring (Section 6.3.2) (Sections 6.5, 6.3.2)

Home business

Personal professional library, business records, calls allowed as customarily incidental; no full commercial use (Section 12.3)

Maintenance

Association (implied from exterior maintenance responsibility) (Section 6.1.8 (exterior building walls i)

Insurance

Association pays all deductible amounts on Association policies (Section 10.5.3)

Use restrictions

Use and occupancy restricted to one family and guests per unit (Section 12.3)

Voting & meetings

Each unit has one full, indivisible vote in all matters (Section 4.27)

Amendments

Amendments proposed by Board or 25% of voting interests; regular amendments require 67% vote; merger requires 75% vote; correctory by Board; developer may amend unilaterally until turnover (Section 15)

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