Martin v. Ocean Reef Villas Ass'n, Inc.
District Court of Appeal of Florida · 1989-07-06 · cited 4×
This case involved condominium unit owners who sued their management association seeking a declaratory judgment on whether the association could refinance the purchase money mortgage on its manager's apartment (Unit 101) without obtaining consent from all unit owners. The trial court granted summary judgment for the association, ruling that Unit 101 was association property rather than a common element and that the association could refinance it by resolution. The appellate court affirmed, holding that the declaration of condominium defined Unit 101 as a living unit owned by the association, the bylaws specifically authorized the association to cover mortgage costs for the manager's apartment, and Florida statute permitted the association to purchase and mortgage units absent any prohibition in the governing documents.