Yacht Harbour Cove at Windstar

Key facts from Yacht Harbour Cove at Windstar's documents

Reflects the 1996 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title and Section 1)

Units / lots

4 units in Phase 1; up to 20 units if all phases (1-5) are constructed (Section 1 and Section 5.3(g))

Governing law

Florida Condominium Act (Chapter 718 Florida Statutes) (Section 2.3 and Section 3.1)

Assessments & dues

During Guaranty Period (1 year from recording), assessment per unit capped at $220.00 per month ($660 per quarter, $2,640 per year) (Section 15.8)

Collections & liens

Association has a lien on each Condominium Parcel for unpaid assessments; may foreclose lien in manner of mortgage foreclosure; may also bring action at law for money judgment without waiving lien (Section 15.2)

Reserves & fees

Developer may vote to waive reserves and contributions for capital improvements for first 2 years of operation (Section 15.3)

Architectural approval

Prior written consent of Board of Directors required for any addition, alteration, or improvement in or to Common Elements, Unit, or Limited Common Elements (including awnings, hurricane shutters, hot tubs, trellises) (Section 11.1)

Maintenance

Unit Owner responsible for maintenance, repair, and replacement of Unit and Limited Common Elements (including screens, windows, interior doors, electrical, plumbing, HVAC, appliances, carpets, interior surfaces). Association responsible fo (Sections 9, 9.1, and 9.2)

Insurance

Association must maintain casualty insurance on building and improvements on Common Elements at 100% full insurable replacement value, excluding foundation and excavations; coverage against fire, extended coverage, vandalism, malicious misc (Section 16.2)

Use restrictions

Units are Residential Units intended for residential uses (Sections 3.22 – 3.24)

Voting & meetings

Each Unit entitled to one vote; cast by Unit Owner in accordance with By-Laws and Articles of Incorporation (Section 7.2)

Amendments

Amendments generally require affirmative vote of Unit Owners in excess of 66 2/3% of Units and by not less than 66 2/3% of Board of Directors; alternative: Unit Owners alone in excess of 66 2/3%. Developer may amend during control period to (Section 8.1, 8.2)

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