Biscayne 2009 Condominium Association, Inc.

Key facts from Biscayne 2009 Condominium Association, Inc.'s documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 1.3: 'Biscayne 2009, a Condomini)

Legal name

Biscayne 2009 Condominium Association, Inc. (Section 2.4)

Governing law

Florida Condominium Act (Chapter 718, Florida Statutes) (Section 2.1 and Section 1.1)

Age restriction

Not present (No mention)

Assessments & dues

Board of Directors prepares budget and determines assessments; allocated among Unit Owners in accordance with Declaration and Bylaws (Section 11)

Special assessments

Allowed; defined as any assessment other than annual budget assessment (Section 2.25, Section 10(b), Section 12)

Collections & liens

Association has lien on each condominium parcel for unpaid assessments; may foreclose in manner of mortgage foreclosure; claim of lien must be recorded; suit must be commenced within one year of recording (Section 12.2)

Reserves & fees

Greater of $25.00 or 5% of each delinquent installment (Section 12.2)

Architectural approval

Not a formal ARC; but certain alterations require Board or other owner approval: e.g., changes to front facade require mutual written agreement of other owner (Section 9.2); alterations to party wall require both owners' written consent (Se (Sections 9.2, 9.3(c), 9.4(d), 7.5)

Setbacks / home size

Survey shows two-story building; no height restriction expressed (Survey: 'Two Story C.B.S. Building')

Maintenance

All roofs are Limited Common Elements (survey note). Party roof (shared) maintenance costs shared equally by unit owners (Section 9.4(b)). Non-party roof? Probably limited common element of respective unit, maintained by that unit owner per (Survey: 'ALL ROOFS ARE LIMITED COMMON EL)

Insurance

Per amendment, unit owner should obtain and maintain, at their sole discretion, liability, flood, hazard insurance for their unit. (Amendment to Paragraph 13.1 (2018-09-25))

Use restrictions

Not explicitly stated, but condominium nature implies residential; no commercial use allowed is not stated (No express restriction)

Voting & meetings

One vote per unit (Section 5.2)

Amendments

By Association: requires affirmative vote of all voting interests represented at meeting with quorum and all Board members (Section 6.1). Recorded in public records (6.2). Material amendments require joinder of affected owner and mortgagees (Section 6)

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