Cherokee Bend Condominium

Key facts from Cherokee Bend Condominium's documents

Community type

Condominium

Legal name

Cherokee Bend Condominium

Developer / declarant

Cherokee Bend Townhouses, Ltd.

Governing law

Condominium Act of Alabama, Code of Alabama 1975, Section 35-8-1 et seq. (Paragraph 1)

Assessments & dues

Proportionate share of common expenses based on undivided interest in Common Elements (1/58th each) (Paragraph 14(1) and 8(2))

Special assessments

Not explicitly defined but implied; assessments for reconstruction after casualty and for mortgagee repairs are authorized (Paragraphs 14(4), 18(4))

Collections & liens

Association has lien on each Unit for assessments; enforceable per Act and Declaration; Association may bid at foreclosure sale (Paragraph 14(5))

Pets

Yes, dogs, cats, or other household pets allowed, not for commercial purposes, subject to board rules and not a nuisance. (Bylaws Article VII, Rule 10)

Leasing & rentals

Units may be leased or rented for such terms as Unit Owner deems appropriate, subject to Association rules. (Paragraph 19(4))

Parking & vehicles

Motor vehicles may be parked only in areas provided. Boats, canoes, campers stored in designated area only. Inoperable vehicles must be repaired or removed within 48 hours; board may remove. (Bylaws Article VII, Rule 9)

Architectural approval

Structural alterations and alterations to exterior require prior written consent of Association. (Paragraph 12(3)(d) and 12(3)(e))

Use restrictions

The Property shall be used solely for residential purposes. (Paragraph 19(1))

Amendments

Declaration may be amended by resolution approved by majority of Board and 75% of Association votes, recorded; alternatively by unanimous written agreement. No amendment shall discriminate or change boundaries without consent of affected Un (Paragraph 23)

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