Veranda Villas Condominium Association, Inc

Key facts from Veranda Villas Condominium Association, Inc's documents

Reflects the 1999 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article I, Declaration: 'Developer hereb)

Units / lots

Condominium No. 3: 8 (Phase I) + 8 (Phase III) + 8 (Phase IV) = 24 units; Condominium No. 4: 4 units (Phase IV only, as per amendment) (Declaration Article IV: 'two story build)

Governing law

Chapter 718, Florida Statutes (Condominium Act) (Article I, Declaration; also referenced )

Assessments & dues

Common expenses assessed by Association against unit owners; percentages set forth in Exhibit 3 (Phase I) or corresponding exhibits for later phases (Article VII and reference to percentages)

Special assessments

Permitted; related to insurance reconstruction deficiency (Article XIII H.2) and possibly other common expenses (Article XIII H.2)

Collections & liens

Article XVII title indicates 'Assessments: Liability, Lien and Enforcement' but full text not provided; so existence of lien/foreclosure rights is referenced but details absent (Article XVII (title only seen))

Reserves & fees

Mentioned in Article XIII H.1 as 'Association Reserve Fund' for insurance deficiency (Article XIII H.1)

Architectural approval

Board approval required for modifications to limited common elements (e.g., boundary walls, additional installations); generally for alterations per Article XX (title only) (Article XII.C and Article XX title)

Home business

Not prohibited explicitly; but residential-only restriction would likely prohibit commercial activities (Article XV.A)

Setbacks / home size

Buildings are two stories (Article IV) (Article IV, Declaration)

Maintenance

Not explicitly assigned; likely common element since building exterior, but not stated

Insurance

Association must carry casualty insurance on buildings and improvements (replacement cost), public liability ($1,000,000 minimum), workers compensation, flood if needed, fidelity bonds (Article XIII.B, Declaration)

Use restrictions

Units shall be occupied only by a family, its servants and guests, as a residence (Article XV.A)

Voting & meetings

Each unit owner has one vote per unit; can be exercised by proxy (Article VIII, Declaration)

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