Blue Bay Villas Condominium Association, Inc.

Key facts from Blue Bay Villas Condominium Association, Inc.'s documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Units / lots

8 (slips) (Section 3.18, Section 4.1; note Section )

Developer / declarant

Tropical Developers Group, Inc. (formerly Tropical Rentals, Inc.) (Section 1.1, Section 3.20)

Governing law

Chapter 718, Florida Statutes (Condominium Act) (Section 3.14)

Reserves & fees

Greater of $25 or 5% of each delinquent installment, or highest amount permitted by Florida Condominium Law (Section 9.3)

Use restrictions

Property shall only be used as a marina with incidental office use for the Manager; no other purpose (Section 4.7)

Voting & meetings

One vote per slip owned; each slip owner has one vote per slip (Section 4.8)

Amendments

Amendment procedure is in Article 16 (not included in text); Developer has right to amend for certain changes under Section 5.4 without vote of Association or Slip Owners subject to Condominium Act 718.110(4) (Section 5.4, Article 16)

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