5{d9b50058b07ca09b3d44262e723d7175a1d4f0539dd33a2d466bbcea811ac85a} low cost on residence enchancment initiatives for Army and First Responders. Unless otherwise offered within the condominium devices, any surplus funds of the unit house owners’ association that stay after cost of or provision for widespread bills and any prepayment of reserves shall be paid to the unit owners in proportion to the unit house owners’ liabilities for widespread expenses or credited to the unit homeowners to cut back the unit homeowners’ future frequent expense assessments.
Earlier than conveying real property to an affiliation, a declarant shall have that real property launched from all liens the foreclosure of which might deprive unit house owners of any right of entry to or easement of support of the house owners’ items, and all other liens on that real property unless the condominium data statement describes sure actual property that may be conveyed subject to liens in specified amounts.
three. A multicondominium affiliation might elect, by a majority vote of the collective members of the condominiums operated by the affiliation, to function the condominiums as a single condominium for purposes of insurance coverage matters, including, but not limited to, the purchase of the property insurance required by this part and the apportionment of deductibles and damages in extra of coverage.
If a developer-controlled association has maintained all insurance protection required by s. 718.111(eleven)(a), common bills incurred during a assure interval, on account of a pure catastrophe or an act of God occurring throughout the identical guarantee interval, which are not lined by the proceeds from such insurance, may be assessed against all unit owners proudly owning models on the date of such natural disaster or act of God, and their successors and assigns, including the developer with respect to items owned by the developer.
Except the condominium instrument expressly supplies for a larger percentage or completely different procedures, a majority of more than 50{d9b50058b07ca09b3d44262e723d7175a1d4f0539dd33a2d466bbcea811ac85a} of the unit house owners at a gathering of unit house owners duly called for such purpose might authorize the granting of an easement to a governmental body for development, maintenance or restore of a challenge for cover in opposition to water harm or erosion.