Century Village East was legally established as a community of condominium associations. Each of our 253 associations is an independent corporation responsible for its own property within its own property lines, i.e., building, parking, land, etc. We occupy within our borders, approximately 750 total acres, 450 of which encompass the property that does not including the waterways, golf course and restaurant. Although the waterways belong to the village, the golf course and restaurant do not. They each are privately owned and operated.
Associations have their own Board of Directors responsible for budgeting, administration, care and upkeep of their respective property. All association members (unit owners) pay an annual assessment for their portion of the costs.
Associations are governed under the Florida Statute, Chapter 718. This statute is specific to Condominium Associations only. Regardless of what is in the respective by laws of these organizations, whatever is stated in Chapter 718 has precedence. You can research Florida Statue, Chapter 718 on line by clicking on the address below.