Golf Lake Condominium X at East Bay Association Inc

Key facts from Golf Lake Condominium X at East Bay Association Inc's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 1.01: 'The name of the Condomini)

Legal name

GOLF LAKE CONDOMINIUM X AT EAST BAY ASSOCIATION, INC. (Section 1.02)

Units / lots

3040 (Section 8: 'each Unit will have an equal)

Developer / declarant

GOLF LAKES DEVELOPMENT, LLC (Page 29: 'GOLF LAKES DEVELOPMENT, LLC, a)

Governing law

Chapter 718 of the Florida Statutes (Condominium Act) (Page 29: 'pursuant to the requirements o)

Assessments & dues

Board approves annual budget; budget may be approved by Unit Owners (Section 15.01 and Bylaws)

Special assessments

Board may levy Special Assessments in proportion to each Unit's share of Common Expenses (Section 15.01 and Section 2.19)

Collections & liens

Association has lien for unpaid assessments; may foreclose like a mortgage; claim of lien recorded and effective up to 1 year unless action commenced (Section 16.03, 16.04)

Reserves & fees

required as part of annual budget (reserve accounts for future expenditures) (Section 15.01)

Leasing & rentals

Yes, with prior written approval of the Association (Sections 17.01-17.02)

Architectural approval

Board approval required for changes to exterior walls, doors, windows, screens, patios, balconies, and any exterior surface or improvement (Section 10.03)

Signs & flags

Prohibited without prior written consent of Board (except appropriate furnishings inside unit) (Section 10.03)

Insurance

Fire, flood, property and liability insurance costs are Common Expenses (Section 14.01(b))

Voting & meetings

Each Condominium Parcel is entitled to one vote on each matter, cast by the Voting Representative (Section 20 and Section 2.23)

Amendments

By resolution approved by a majority of Board and two-thirds of all Voting Representatives, or by seventy percent of all Voting Representatives. Amendments may also be made by written consent of 70% of Voting Representatives without meeting (Sections 24.01, 24.02, 4.02)

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