Sunset Beach Condominium Association, Inc.

Key facts from Sunset Beach Condominium Association, Inc.'s documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Sunset Beach on Longboat Key Association, Inc.

Governing law

Chapter 718, Florida Statutes (Florida Condominium Act) (Art 1)

Assessments & dues

Board approves annual budget and sets assessment per unit (Art 15)

Special assessments

Board may levy special assessments in proportion to unit's share of common expenses (Art 15)

Collections & liens

Association has remedies and liens provided by Florida Condominium Act; unpaid assessments bear interest and late charges; may accelerate after 10 days notice (Art 15)

Reserves & fees

Reasonable and adequate reserves are a common expense (Art 3.1.12)

Pets

Animals may be kept only in conformity with rules promulgated by Board (Art 13(r) (paraphrased from garbled text)

Leasing & rentals

Yes, but with Board approval and right of first refusal; less than entire unit not allowed; minimum lease term of two months; maximum three rental periods per calendar year (Art 13(q), Art 14)

Architectural approval

Board approval required for structural alterations, exterior changes, planting, installation on common elements (Art 13(b), (c), (g))

Home business

Not explicitly allowed; prohibited by single family residence requirement (Art 13(a))

Maintenance

Association maintains common elements, limited common elements, exterior surfaces, balconies concrete slab/walls/ceilings, awnings, trellis; Unit owner maintains interior of unit, balcony tile surface, all fixtures, appliances, AC, etc. (Art 10A, 10B)

Insurance

Fire and extended coverage on all insurable improvements including units and common elements; flood insurance at least amount required by institutional first mortgagees (Art 11)

Use restrictions

Units shall be used for single family residence purposes only (Art 13(a))

Voting & meetings

One vote per unit; multiple owners must designate one voter; no apportionment (Art 8)

Amendments

Declaration amended by 2/3 vote of all voting rights; provisions on ownership percentage, common expenses, termination, voting require unanimous consent of affected; Bylaws/Articles amended by simple majority; must be in writing, executed, (Art 18)

Amenities

Swimming pool, deck, restroom facilities, jacuzzi, dune walkover in Phase I; no additional recreational facilities for Phase II (Art 17)

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