FAQs

1. Q. What restrictions exist in the condominium documents on my right to use my unit?
Condominium units shall be used as a single-family residence only.

2. Q. What restrictions exist on the leasing of my unit?
  Units may be rented for no less than (60) days. Both owners who want to rent their units and realtors who work on the owners' behalf in renting units must register their intent with the Royal Atlantic office.

3. Q. Is there a policy regarding the presence of renters (60 days or more) and overnight guests in the building?
A. Guests and renters are expected to register at the office as this is a life safety issue should an emergency occur in the building.

4. Q. How much is the monthly assessment for my unit, and when is it due?
A. The present assessment is $1,000.00 monthly, payable on the first of each month but no later than the tenth of each month.

5. Q. What is the penalty for late payment?
A. A 1.5% fee will be charged monthly on the unpaid balance after the 10th of the month. In addition, an administrative late fee shall be imposed in the amount of $50.00 for each delinquent installment that the payment is late.

6. Q. Where can an owner's vehicle be parked?
A. There is one assigned garage space per condominium unit. Additional garage parking is available if absentee owners give written permission to another owner. This must be on file in the office for it to be valid.  Guest parking is available on the outside parking lot.

7. Q. Are pets allowed at the Royal Atlantic?
A. No animals, livestock, or birds of any kind shall be raised, bred, or kept in any unit or the common areas, either by owners or guests.

8. Q. What are my voting rights in the condominium association?
A. Members of the association are entitled to one vote for each unit owned by them. Votes may be cast in person or by proxy or ballot and are valid only for the particular meeting. Proxies must be filed with the office before the appointed time of the meeting.

9. Q. How many members are on the governing body of the condominium?
A. Five unit owners are elected annually.  There will be no election if no more than five persons are interested in serving on the board of directors.

10. Q. How may I become a member of the board of directors?
A. Members of the board are elected at the annual meeting in January. Any unit owner wishing to be elected to the board must declare his/her self-eligible in writing to the secretary of the Association at least 40 days prior to the election/annual meeting.  To help know the candidate better, a candidate application form is recommended.

11. Q. Does building insurance cover my unit?
A. Association insurance covers the exterior walls, building, and common areas. The owner is responsible for personal property and liability insurance coverage. Coverage should include inner walls, ceilings, floor, and contents.

12. Q. How can the owner become familiar with the condo rules that members must follow for compatible living at the Royal Atlantic?
A. There is an abbreviated set of rules posted in each elevator. In addition, a comprehensive set of condo rules can be found in the Royal Atlantic prospectus and the box on the office door. Rules and Regulations

13. Q. Is the condominium association in litigation of any kind?
A. At present, there is no litigation pending.

14. Q. What are the rules for moving in or delivering furniture, etc?
A. Such deliveries must be done Monday through Friday between 8:00 a.m. to 3:00 p.m. through the garage, and the office must be notified 24 hours in advance so that the elevator can be padded (if needed).

15. Q. Is car washing permitted?
A. Yes, there is a spot in front of the building and a unique faucet handle available for purchase from the office.

16. Q. Does the office handle any rentals?
A. All rentals (of two (2) months or longer) must be handled by the unit owners.  We must be informed of guests/renters for life safety reasons should an emergency occur.

17. Q. Is there a manager?
A. The association is managed by Tempest Management Company and an all-volunteer board of five owners. We have a full-time maintenance employee.

18. Q. Do you have a reserve account?
A. By state law, we must maintain a reserve account for any items that exceed the $10,000.00 replacement cost. At this time, we have over $250,000.00 in the reserve account.

19. Q. Are there additional building assessments pending for which the homeowner is responsible?
A. Not at this time (6/2024).

20. Q. Do you have a key policy?
​​​​​​​A. Yes. The keys that open the doors of all the common areas are a special order and cannot be duplicated. Each unit is entitled to two keys without charge. Extra keys can be obtained by paying a $50.00 fee, which is kept in an escrow account and will be returned when the key is returned; a maximum of four keys per unit is allowed. When a unit is sold, the two keys that belong to the unit must be given to the new owner(s) at the closing. Each unit has one garage door opener, which should also be turned over at the closing. There will be a $50.00 charge to replace a lost key.