Elinor Lane

Key facts from Elinor Lane's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Site Condominium (Page 1: (Act 59, Public Acts of 1978, as)

Legal name

Elinor Lane Condominium Association (Article 1.1; Article III(c): Association)

Governing law

Michigan Condominium Act (Act 59, Public Acts of 1978, as amended) (Page 1: Act 59, Public Acts of 1978, as )

Assessments & dues

Board of Directors establishes an annual budget; assessments based on that budget (Bylaws 2.2(a): The Board of Directors of)

Collections & liens

Unpaid assessments, interest, costs, attorney fees, advances constitute a lien on the Unit; Association may foreclose by judicial action or advertisement (Bylaws 2.5(a) and (b): Sums assessed... )

Reserves & fees

Minimum 10% of current annual budget, noncumulative basis, funded by regular semi-annual payments (Bylaws 2.2(a): An adequate reserve fund.)

Voting & meetings

Each Unit has one vote; Percentage of Value equally assigned determines vote value (Article V: All units are hereby assigned)

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