Cherry Valley Meadows

Key facts from Cherry Valley Meadows's documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (site condominium) (Recital A: "Cherry Valley Meadows, a sit)

Legal name

Cherry Valley Meadows Association (Article I, Definition 1.2: "Association")

Governing law

Michigan Condominium Act, Act 59 of the Public Acts of 1978, as amended (Article I, Definition 1.1: "Act" means t)

Assessments & dues

Not fixed; budget set annually by Board (Exhibit A Bylaws, Article V, 5.4: "The B)

Special assessments

Requires approval by two-thirds of members in value and number (Exhibit A Bylaws, Article V, 5.5: "Speci)

Collections & liens

Unpaid assessments plus other charges constitute a lien on the unit, enforceable by judicial foreclosure or foreclosure by advertisement (power of sale); ten-day notice required before action (Exhibit A Bylaws, Article V, 5.6)

Use restrictions

Yes, units for residential purposes (Article II: "Each building contains indi)

Voting & meetings

Majority in value of co-owners entitled to vote (Exhibit A Bylaws, Article III, 3.3: "the)

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