Arbor Trace at Palm Coast Condomini

Key facts from Arbor Trace at Palm Coast Condomini's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 1.3: 'the name by which this con)

Units / lots

57 residential units (Section 3.3: 'The Condominium shall incl)

Developer / declarant

BRATTLOF COMMUNITIES, INC. (Page 1, Section 2.19)

Governing law

Florida Condominium Act (Chapter 718) (Section 2.2: 'the Condominium Act (Chapt)

Assessments & dues

Not fixed; Developer guaranteed that assessments for unsold units will not exceed $225/month for 3BR and $215/month for 2BR for 3 years from recording (Section 13.9: 'assessments will not exce)

Special assessments

Board may levy Special Assessments to cover nonrecurring costs or capital improvements; also Capital Improvement Assessments for additions/alterations exceeding 5% of annual budget require Unit Owner approval (Section 13.2: 'the Board of Directors ma)

Collections & liens

Association has a lien on each Condominium Parcel for unpaid assessments; lien effective upon recording of Declaration (relates back); claim of lien must be recorded; foreclosure action may be brought; acceleration permitted after 30 days n (Section 13.3-13.6: 'The Association has )

Reserves & fees

Common Expenses include all reserves required by the Act or otherwise established by the Association (Section 2.8: 'Common Expenses shall also)

Leasing & rentals

Yes; permitted under approved lease or sublease (Section 17.1: permitted occupants under )

Architectural approval

Yes, prior written consent of Board of Directors required for any addition, alteration, or improvement in or to Common Elements, Unit, or Limited Common Elements (Section 9.1: 'No Unit Owner shall make a)

Signs & flags

Developer may erect signs for sales activity; otherwise not addressed (Section 3.6(f): 'to erect on the Condomi)

Maintenance

Not explicitly stated; likely Common Element (not within Unit boundaries as defined in Section 3.3) (Unit boundaries defined from unfinished )

Insurance

Reasonable deductible provisions as determined by Board of Directors of the Association (Section 14.2(a): 'Such policies may cont)

Use restrictions

Each Unit shall be used as a residence only (Section 17.1)

Voting & meetings

Each Unit is entitled to one vote cast by its Owner; Developer has exclusive voting rights during declarant control period (Section 6.1: 'Each Unit shall be entitle)

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