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EASTWOOD SHORES TOWNHOMES, A CONDOMINIUM
FREQUENTLY ASKED QUESTIONS AND ANSWERS SHEET
(In Compliance with Chapter 718.111(12)(a)(14) and 718.504, F.S.)
As of January 1, 2005
Q. What are my voting rights in the condominium Association?
A. One vote per condominium unit.
Q. What restrictions exist on my right to use my unit?
A. Refer to Rules & Regulations and Condominium Documents.
Q. What restrictions exist on the leasing of my unit?
A. Must reside in unit for one year prior to leasing. Written approval is required with $50.00 Application Fee. Refer to Rules & Regulations and Condominium Documents.
Q. How much are my assessments to the Condominium Association for my unit type and when are they due?
A. Assessments are due on the first of each month. For specific amount of assessments, please check with management company or Board of Directors.
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. Yes. Eastwood Shores Property Owners Association (POA). Each Member association has a specified number of votes. The 2005 annual assessment is $120.00.
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.
Q. Is the Condominium Association or other mandatory membership association involved in any court cases in which it may face liability in excess of $100,000? If so, identify each such case.
A. No.
NOTE: THE STATEMENTS CONTAINTED HERIN ARE ONLY SUMMARY IN NATURE. A PROSPECT PURCHASER SHOULD REFER TO ALL REFERENCES, EXHIBITS HERTO, THE SALES CONTRACT, AND THE CONDOMINIUM DOCUMENTS.
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