IMPERIAL APARTMENT CONDOMINIUM ASSOCIATION, INC.
FREQUENTLY ASKED QUESTIONS
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.
Each unit is restricted to residential use only as a single-family residence.
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.
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
IF SO, WHAT IS THE NAME OF THE ASSOCIATION AND WHAT
ARE MY VOTING RIGHTS IN THIS ASSOCIATION? ALSO, HOW
MUCH ARE MY ASSESSMENTS?
RECREATIONAL OR OTHER COMMONLY USED FACILITY? IF
SO, HOW MUCH AM I OBLOGATED TO PAY MONTHLY.
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.