Tuesday Topic 2019-14 April 23, 2019
CONDOMINIUM OWNERSHIP AND RESPONSIBILITIES – New condominium purchasers are often not familiar with the complex legal requirements of condominium living.
A condominium is a form of real property ownership in which an individual owns a unit exclusively and owns common elements jointly with all other unit owners in the condominium. Although the unit is owned exclusively, there are a number of rules and laws which must be adhered to by the owners when making renovations within their own unit.
Chapter 718 of the Florida Statutes, commonly known as the Condominium Act, and the corresponding administrative rules found in Chapters 61B-15 through 61B-24, Florida Administrative Code, apply to the condominium form of ownership in the state of Florida.
In addition there are condominium documents for each specific condominium community. At the time of purchase each owner is given a copy of these documents. Unit owners must abide by the condominium documents, the condominium laws and the regulations and rules of the association. Following are some owner responsibilities from The Summit Documents:
Unit owners must pay their share of the common expenses, assessments, in advance in quarterly installments on the first day of each month of each quarter of the year.
Assessments are late on the 10th of the month. Late charges and interest is assessed.
Unit owners may use the common elements in a manner that will not hinder or infringe on the right of the other unit owners.
Unit owner insurance policies must conform to the requirements of section 627.714, F.S http://m.flsenate.gov/Statutes/627.714
Unit owners must provide the association access to their units during reasonable hours for the following purposes:
To maintain, repair or replace any common elements
To prevent damage to the common elements or other units
To maintain the unit as required by the declaration of condominiums or
To prevent damage to the common elements or to a unit or units.
Unit owners are to obtain the prior written consent of the Board of Directors of the Association, prior to making any alteration to their units. The Request for Modification Form is available from the office or on The Summit Website.
Unit owners may not paint or otherwise decorate or change the appearance of any portion of the exterior of the apartment building, including any balcony, in any matter whatsoever without the prior written consent of the Board of Directors of the Association, including installation of television antennas.