Clark Road Medical Park Condominium Association, Inc.

Key facts from Clark Road Medical Park Condominium Association, Inc.'s documents

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

Community type

Condominium Association (Clark Road Medical Park Condominium Association, Inc.) (Article 3.2 and Amendment paragraph 5)

Units / lots

3 (Tracts) (Article 4.2(a) and Amendment paragraph 2)

Governing law

Chapter 718 of the Florida Statutes (Article 1.1)

Assessments & dues

Board of Administration adopts annual budget of common expenses (Article 7.3)

Special assessments

Not explicitly provided but implied through general assessment power (Article 7.1)

Collections & liens

Association has a lien on each Tract/Unit for unpaid assessments, interest, late fees, costs, and attorneys’ fees; may foreclose like a mortgage; also may obtain money judgment (Article 7.5, 7.7, 10.3(g)(h))

Reserves & fees

Greater of $25.00 or 5% of each installment per delinquent installment (Article 7.4, 10.3(b))

Leasing & rentals

Not prohibited; implied allowed (10.2(d) references tenants)

Parking & vehicles

Prohibited except service vehicles during actual service (Article 10.2(d))

Fences

Not specifically mentioned

Architectural approval

Yes, Association approval required for any improvement; Developer has sole right to approve initial construction (Article 10.2(a), 4.2(b))

Home business

Not explicitly addressed; commercial/medical use intended (Article 10.2(w) prohibition on residenti)

Signs & flags

Not specifically mentioned, but Association approval required for any improvements; likely regulated (Article 10.2(a))

Maintenance

Not explicitly; building is Tract Owner's responsibility (Article 6.3(b))

Insurance

Association must insure all buildings and improvements on Condominium property and personal property of Association; coverage includes fire, extended coverage, flood as required, vandalism, malicious mischief (Article 9.2, 9.3)

Use restrictions

Prohibited: no private temporary or permanent residence (Article 10.2(w))

Voting & meetings

Each Tract has one vote; Developer members originally have five votes; regular membership = all Tract owners except developer (Article 8.8)

Amendments

Referenced to Article 12; specific procedure for boundary changes requires amendment to Plat and Declaration (Article 4.6); developer may amend easements unilaterally (4.4) (Article 4.6, 4.4, Amendment (preamble))

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