Morris Place Condominium (AL)

Key facts from Morris Place Condominium (AL)'s documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Morris Place Association, Inc. (Section 1.01(b); Section 3.01)

Developer / declarant

The Morris Place Limited Partnership, an Alabama limited partnership (Preamble)

Governing law

Alabama Uniform Condominium Act of 1991, Code of Alabama 1975 §§ 35-8A-101 et seq. (Preamble; Article 1, Section 1.01(a))

Assessments & dues

Set annually based on budget; initial budget attached as Exhibit E (Section 4.02(a); Section 4.03)

Special assessments

Board may levy additional special assessments as deemed necessary (Section 4.03)

Collections & liens

Association has a lien for delinquent assessments; may foreclose in same manner as real estate mortgages in Alabama (Section 4.07)

Reserves & fees

Budget includes reasonable allowances for contingencies and reserves (Section 4.03)

Leasing & rentals

Owner may rent or lease Unit using a form lease approved by Association (Section 6.02(j))

Parking & vehicles

Each Unit has one parking space as Limited Common Element; spaces can be reassigned by agreement of affected owners and Board (Section 2.03)

Architectural approval

Prior written consent of Association required for any alteration, addition, improvement to Common Elements, Limited Common Elements, or exterior portion of Unit; also for changes within Unit that impair structural soundness or design scheme (Section 5.02(b)(iv), (v))

Home business

Unit 104 designated as commercial/office (professional office, commercial, or retail); Unit 103 as live/work (professional office or retail only) (Section 6.02(b))

Maintenance

Association responsible for maintenance, repair, replacement of roofs (Common Elements) (Section 5.01(a)(i) (roofs included in Co)

Use restrictions

Each Unit is restricted to residential use except Units 103 and 104 (Section 6.02(a))

Voting & meetings

Each Unit Owner is entitled to the number of votes for each Unit owned as set forth in Exhibit D (Section 3.02)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.