FREQUENTLY ASKED QUESTION AND ANSWER SHEET

Q: What are my voting rights in the condominium association?

A: The Owner or Owners of a unit shall collectively be entitled to cast one vote per unit owned.

Q: What restrictions exist in the condominium documents on my right to use my unit?

A: Restrictions are primarily contained in Sections 12 through 14 of the Declaration and in the Rules and Regulations. All Units are to be used for single-family residential purposes only. The keeping of pets at the Condominium is prohibited. Certain vehicles are prohibited from parking at the condominium.

Q: What restrictions exist in the condominium documents on the leasing of my unit?

A: No rental/lease may be for a period of less than fourteen (14) days for Bayshores units and thirty (30) days for Gulfshores units. For complete lease restrictions, please refer to the Declaration.

Q: How much are my assessments due to the condominium association for my Unit type and when are they due?

A: Assessments for Bayshores units are $4,900 per unit, per quarter. Assessments for Gulfshores units are $5,100.00 per unit, per quarter. Cabana Owners pay an additional assessment, as described in Section 22 of the Declaration.

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: No.

Q: Am I required to pay rent or land use fees for recreational or 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 $100,000.00? If so, identify each such case.

A: No

NOTE: THE STATEMENTS CONTAINED HEREIN ARE ONLY SUMMARY IN NATURE. A PROSPECTIVE PURCHASER SHOULD REFER TO ALL REFERENCES, EXHIBITS HERETO, THE SALES CONTRACT AND THE CONDOMINIUM DOCUMENTS.

Updated: January 1, 2025