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CURRENT GOVERNING DOCUMENTS
DECLARATION OF CONDOMINIUM
This is the document that creates or declares the property as a condominium. It
contains the rights and responsbiities language - who maintains what, who owns
what, who insures what - as well as the legal description of the property
governed by the association.
It will include definitions of terms; easement rights; detailed information on
assessments; maintenance repair, and replacement obligations; procedural
requirements for and limitations on alterations and improvements; board of
directors authority regarding processing of sales and rentals; and its own
amendment provision.
It may also contain use restrictions, termination provisions, and information
on amenities, parking spaces, storage and so on.
BYLAWS
This is the procedural manual that governs the association's operations, including
the number of directors, quorum requirements for meetings, notice requirements,
powers and duties of directors, duties of the
officers, and the like.
Because the Condominium Act contains a great deal of procedural regulations of an annual basis, there are usually conflicts between the original bylaws and the
current law.
In those cases, the law will supersede the bylaw's language, and is deemed to be bylaws every time the law changes, as the changes will apply regardless.
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ARTICLES OF INCOPORATION
This document creates the association with the Florida Division of Corporations,
as requried by Florida law. It is a simple document, stating the date of
incorporation, name and purpose of the association, initial officers and
directors, indeminification of the board, and an amendment provision.
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RULES & REGULATIONS
Rules and Regulations are promulgated by the board of directors to clarify and define
provisions of the governing documents, and to regulate use of the property.
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FREQUENTLY ASKED QUESTIONS {FAQ} ~ ANNUALLY UPDATED
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CONDOMINIUM ACT FLORIDA STATUTES CHAPTER 718 (2011)
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GULFSTREAM TOWERS ASSOCIATION CORPORATION
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WAIVE SPRINKLER RETROFIT
RESOLUTIONS
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