Lofts at Carlisle Crossing

Key facts from Lofts at Carlisle Crossing's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Page 1: Master Deed establishing The Lof)

Legal name

The Lofts at Carlisle Crossings Condominium Association (Article I: "creation of The Lofts at Car)

Units / lots

32 (initial phase) (Article I: "The initial phase of the Pro)

Governing law

Michigan Condominium Act (Act 59, Public Acts of 1978, as amended) (Preamble: "under the provisions of the M)

Collections & liens

Association may enforce by suit or foreclosure of statutory lien; lien has priority over first mortgage recorded subsequent to notice of lien (Bylaws Article II E(1): "Association may)

Reserves & fees

At least 10% of current annual budget on a noncumulative basis (Bylaws Article II B(1): "the reserve fun)

Maintenance

Association (roofs are part of General Common Elements) (Article IV A(7): "The structural compone)

Use restrictions

Yes (Article I: "condominium units designed a)

Voting & meetings

Each unit has equal percentage of value; one vote per unit except developer votes for unsold units. (Article V B: "percentage of value assign)

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