FAQ's
IMPERIAL APARTMENT CONDOMINIUM ASSOCIATION, INC.
FREQUENTLY ASKED QUESTIONS
- WHAT ARE MY VOTING RIGHTS IN THE CONDOMINIUM
ASSOCIATION?
You are entitled to one (1) vote per unit. Voting shall be in accordance with the provisions of Florida Statute 718.112(2)(d)3.
- WHAT RESTRICTIONS EXIST ON MY RIGHT OF USE TO MY
UNIT?
Each unit is restricted to residential use only as a single-family residence.
- WHAT RESTRICTIONS EXIST ON THE LEASING OF MY UNIT?
No unit owner may sell or lease a unit without the approval of the buyer/lessee by the Association. No transient accommodations are permitted. The minimum lease time is three consecutive months.
- HOW MUCH ARE THE ASSESSMENTS AND WHEN ARE THEY
DUE?
The present assessment is due on the first day of each month as follows:
Building 1 $310.00
Building 2 $146.00
Building 3 $168.00
Building 4 $168.00
Building 5 $351.00
- 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?
No.
- AM I REQUIRED TO PAY RENT OR LAND USE FEE FOR
RECREATIONAL OR OTHER COMMONLY USED FACILITY? IF
SO, HOW MUCH AM I OBLOGATED TO PAY MONTHLY.
No.
- IS THE CONDOMINIUM ASSOCIATION OR OTHER
MANDATORY MEMBERSHIP ASSOCIATION INVOLVED IN
ANY COURT CASES IN, WHICH IT MAY FACE, LIABILITY IN
EXCESS OF $100,000?
IF SO, IDENTIFY EACH SUCH CASE.
No.