One Palm Property Owners Association, Inc.

Key facts from One Palm Property Owners Association, Inc.'s documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article 1, NAME AND SUBMISSION)

Governing law

Florida Condominium Act (Chapter 718, Florida Statutes) (Section 2.1, Act)

Assessments & dues

General Assessments are levied as provided in Section 8.1; Special Assessments per Section 8.4 (Section 8.1, 8.4)

Special assessments

Any assessment levied other than the annual budget assessment (Section 2.78). Subject to provisions in Section 8.4. (Section 2.78, 8.4)

Collections & liens

Default in payment of Assessment gives Association a lien; foreclosure rights with notice and appointment of receiver allowed (Sections 8.7, 8.8, 8.9) (Sections 8.7, 8.8, 8.9)

Reserves & fees

Yes, General Operating Reserve (Section 8.3) and Reserve Fund (Section 8.2) (Sections 8.2, 8.3)

Leasing & rentals

Developer intends to sell 99-year leasehold estates (PREAMBLE); no explicit leasing rules for owners (PREAMBLE, no leasing article)

Architectural approval

Yes, Architectural Review Committee approval required for alterations (Section 11.1, 11.2) (Sections 11.1, 11.2)

Maintenance

Roof of building is Common Element (Article 4) so Association maintains (Article 4 (Common Elements: roof of the )

Insurance

Application of deductibles covered in Section 9.9 (Section 9.9)

Use restrictions

Not explicitly; Primary Units include hotel (Unit #2) and possibly other uses (Section 12.1 Use Restrictions; mention o)

Voting & meetings

Each Owner of a Primary Condominium Parcel is entitled to votes based on Percentage Shares as set forth in Exhibit B (Section 2.86, Article 6, Section 2.52)

Amendments

Article 20 Amendment; by Primary Association (20.2), by Developer (20.3), special amendments (20.4), execution and recording (20.5), procedure (20.6), limitations (20.7) (Article 20)

Amenities

Amenity Deck (pool, hot tub, fitness center) on level 8; Courtyard; Shared Bathroom on ground level of Primary Unit #2; parking (Sections 2.3, 2.15, 2.76)

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