Carlisle Crossings Site Condominiums

Key facts from Carlisle Crossings Site Condominiums's documents

Reflects the 2012 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Site Condominium (residential) (Article I: 'condominium units designed a)

Units / lots

Initial phase: 6 units; potential expansion up to 150 units (Article I: 'initial phase ... consists o)

Governing law

Michigan Condominium Act, Act 59, Public Acts of 1978, as amended (Page 1, header; Article III(a) definitio)

Assessments & dues

Board of Directors establishes annual budget; assessments apportioned according to Percentage of Value (equal per unit). (Exhibit A, Article II(B)(1) and Article )

Special assessments

Allowed: (1) for additions >$10,000; (2) purchase unit on foreclosure; (3) any other purpose. Requires approval of more than two-thirds of all Co-owners. (Exhibit A, Article II(B)(2))

Collections & liens

Unpaid assessments may be assessed against Co-owner and collected by Association in accordance with Bylaws; lien rights likely exist but not detailed in extracted text. (Exhibit A, Article II(C) 'any such unpai)

Reserves & fees

Required: at least 10% of current annual budget on noncumulative basis. Board must establish reserve for periodic replacement. (Exhibit A, Article II(B)(1): 'an adequat)

Pets

Not explicitly addressed in extracted text.

Leasing & rentals

Not explicitly stated; but Article VII (amendment) lists 'modification, imposition, or removal of leasing restrictions' as a material change requiring 2/3 vote and mortgagee vote. Implies leasing is allowed subject to restrictions. (Article VII(B)(b)(vi): 'The partial or c)

Parking & vehicles

Not explicitly addressed.

Fences

Not explicitly mentioned; improvements like fences are subject to Association approval.

Architectural approval

Yes, before constructing any improvements (including modifications for disabilities). Association approval required for appearance of buildings, garages, patios, etc. Developer also retains approval rights during Development Period. (Article IV(C): 'improvements ... plans a)

Home business

Not explicitly addressed; general use must not interfere with other owners' rights. Likely restricted but not detailed. (Article IV(E): 'Units will not be used i)

Signs & flags

Not explicitly restricted except Developer's right to maintain signs during development period (Art. VI(K)(3)). (Article VI(K)(3): Developer may maintain)

Maintenance

Co-owner responsibility: improvements within Unit boundaries, which include structures. Not explicitly separated. (Article IV(C): 'costs of maintenance, re)

Insurance

Not explicitly detailed; Association must maintain insurance per amendment provisions (Article VII(B)(b)(iv) mentions insurance). No specific coverage amounts extracted. (Article VII(B)(b)(iv): elimination of re)

Use restrictions

Yes, units restricted exclusively to residential use. Article IX(B) states: 'No unit will be created ... that is not restricted exclusively to residential use.' (Article IX(B) (expansion) and Article I )

Voting & meetings

Each Co-owner has one vote per Unit; votes determined by Percentage of Value (Article V states equal percentage for each unit). (Article V(B): 'proportionate share ... v)

Amendments

Article VII: Amendment requires compliance with PUD Ordinance. Material changes require 2/3 vote of Co-owners and mortgagee vote as prescribed. Non-material changes by Developer during Development Period, thereafter by Association. Certain (Article VII (A through K) - extensive de)

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