Frequently Asked Questions and Answers Sheet

 

Q:        What are my voting rights in the condominium association?

A:        Each unit has one vote. See Article 2.6 of the Associations Bylaws

 

Q:        What restrictions exist in the condominium documents on my right to use my unit?

A:        Pets restricted. Residential use only. At least one occupant of each unit must be 55 years of age or older. Persons   under the age of 18 may not occupy a unit for more than 60 days in a calendar year. Overnight guests restricted. No garage or yard sales. No signs, change in exterior appearance nor structural alterations without prior written Association approval. Clotheslines restricted. No annoyance of neighbors. No nuisance, immoral or illegal use, fire or safety hazard or use which increases insurance rates. Landscaping must be maintained to Association standards, Vehicle types and parking restricted. No outside storage or refuse. See Article 13 of the Declaration and Association Rules for these and other restrictions.

 

Q:        What restrictions exist in the condominium documents on leasing my unit?

A:        No unit shall be leased for a term of less than three months. No unit shall be leased, subleased or assigned without obtaining prior written Association approval. Only entire units may be leased. See Articles 13 and 14 of the Declaration and the Association rules for these and other restrictions.

 

Q:        How much are my assessments to the condominium association for my unit type and when are they due?

A:        For 2022, is payable in the amount of $145.00 per month. Assessments are due on the first day of each month. A late fee of $25.00 is applied if payment is not made by the 10th day of each month.

 

Q:        Do I have to be a member in any other association? If so, what is the name of the association and what are my voting rights in this association? Also, how much are my assessments?

A:        No. However, there is a voluntary social group called Harbor Isles Homeowners Organization (H.I.H.O), which has an annual fee of $5.00 per person. HIHO has its own Board of Directors and its own meetings. Only HIHO Members may vote on HIHO issues.

 

Q:        Am I required to pay rent or land use fees for recreational or other commonly used facilities? If so, how much am I obligates to pay annually?

A:        No.

 

Q:        Is the condominium association or other mandatory membership association involved in any court cases in which it may face liability in excess of $100,00? If so, identify each such case.

A:        No.

 

NOTE: THE STATEMENTS CONTAINED HERIN ARE ONNLY SUMMARY IN NATURE. A PROSPECTIVE PURCHASER SHOULD REFER TO ALL REFERENCES, EXHIBITS HERETO THE SALES CONTRACT, AND THE CONDOMINIUM DOCUMENTS, AS AMENDED