Bostwick & Co's. Add

Key facts from Bostwick & Co's. Add's documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Business condominium; also a conversion condominium converting existing buildings (Article 1.3: 'The Project is a business )

Legal name

Division-Sheldon Condominium Association (Article 3.1(c): 'Association' or 'Associ)

Developer / declarant

Cherry Street Services, Inc., a Michigan nonprofit corporation, doing business as Cherry Health (Page 4 (first page of Master Deed, signe)

Governing law

Michigan Condominium Act, Act 59 of Public Acts of 1978, as amended (Article 1.2; Article 3.1(a))

Special assessments

Board may increase assessment or levy additional assessments if initial assessments are insufficient (Bylaws Article 5.2(b))

Leasing & rentals

Not explicitly prohibited, but lease term under 30 days requires consent (Bylaws Article 9.1)

Home business

The Project is a business condominium; Units may be used for lawful commercial purposes (Article 1.3: 'business condominium')

Use restrictions

Units shall be used solely for such purposes as are lawful under applicable laws and ordinances (Bylaws Article 7.1)

Voting & meetings

One vote per Unit when voting by number; one vote equal to Percentage of Value when voting by value. Voting is by value unless otherwise specified. No cumulation. (Bylaws Article 2.2)

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