A. The owner of each dwelling unit is entitled to one (1) vote as a member of the Association. Section 3.5(c) of the By-Laws requires that where a unit is owned by more than one person, the person entitled to cast the vote for the unit shall be designated by a certificate signed by all of the record owners of the unit and filed with the Secretary of the Association. If the unit is owned by a corporation, the person entitled to cast the vote for the unit shall be designated by a certificate, signed by the appropriate officer, and filed with the Secretary of the Association. Section 3.6 of the By-Laws provides that an owner may vote in person or by proxy, subject to the restrictions contained in the Condominium Act and the Condominium Documents.
Q. WHAT RESTRICTIONS EXIST IN THE CONDOMINIUM DOCUMENTS ON MY RIGHT TO USE MY UNIT?
A. The Coronado at Doral consists of eight (9) different associations, each with its own Declaration of Condominium. Each Declaration contains restrictions concerning the use of units. These restrictions address the following: 1) unit occupancy & subdividing, 2) common elements, 3) recreational facilities, 4) loud vehicles or machines, 5) nuisances, 6) lawful use, 7) window colors, 8) owner guests, and 9) pets. The Association’s Rules and Regulations provide further information regarding the use of units.
Q. WHAT RESTRICTIONS EXIST IN THE CONDOMINIUM DOCUMENTS ON THE LEASING OF MY UNIT?
A. Leasing or renting of a condominium unit by a unit owner is permitted. All leases must be in writing and filed with the Association prior to occupancy by the tenant, and parking permits are required for all vehicles that park overnight on Association property. Paragraphs 39 and 40 of the Association’s Rules & Regulations provide specific information regarding the leasing of units.
Q. HOW MUCH ARE MY ASSESSMENTS TO THE CONDOMINIUM ASSOCIA-TION, OR FOR MY UNIT TYPE, AND WHEN ARE THEY DUE?
A. The Association’s annual budget determines quarterly maintenance assessments for each of the nine individual associations. Maintenance fees are published with the annual budget and posted on the Association’s website. They are also provided on payment coupons and automatically updated each year for owners participating in EFT direct debits. Assessments are payable quarterly and due on the first day of each quarter. Payments received after the 10th day of each quarter incur late fees and interest.
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?
A. Ownership of a unit in any of the Condominiums operated by the Association does not require you to be a member of any other association. All unit owners have full access to the community common areas including all recreational facilities.
Q. AM I REQUIRED TO PAY RENT OR LAND USE FEES FOR RECREATIONAL OR OTHER COMMONLY USED FACILITIES? IF SO, HOW MUCH AM I OBLIGATED TO PAY ANNUALLY?
A. No, None.
Q IS THE CONDOMINIUM ASSOCIATION OR ANY OTHER MANDATORY MEMBERSHIP ASSOCIATION INVOLVED IN ANY COURT CASES IN WHICH IT MAY FACE LIABILITY IN EXCESS OF $100,000? IF SO, IDENTIFY EASH SUCH CASE.
A. No, None.
NOTE: THE STATEMENTS CONTAINED HEREIN ARE ONLY SUMMARY IN NATURE. A PROSPECTIVE PURCHASER SHOULD REFER TO ALL REFERENCES AND EXHIBITS, THE SALES CONTRACT, AND THE CONDOMINIUM DOCUMENTS.
