Knoll-Townhomes of Ada

Key facts from Knoll-Townhomes of Ada's documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Residential Volume Condominium (Bylaws Article I Section 2)

Governing law

Michigan Condominium Act, Act 59 of the Public Acts of 1978, as amended (Article I(d))

Assessments & dues

Regular and special assessments determined by Board; general Expenses of Administration allocated according to percentages of value. (Bylaws Article V Sections 5 and 6; Maste)

Special assessments

Permitted; Board may levy special assessments for capital improvements or unforeseen expenses. (Bylaws Article V Section 6)

Collections & liens

Association has a lien for unpaid assessments (inferred from Act and Bylaws provision for collection). The Association may enforce assessments via collection and/or foreclosure. (Bylaws Article V Section 7 (Collection o)

Reserves & fees

Association shall maintain a reserve for major repairs and replacement. (Bylaws Article V Section 12)

Leasing & rentals

Yes, subject to notice and compliance with Bylaws. (Bylaws Article VIII (Leases))

Fences

Not explicitly stated; any fence would change exterior appearance and require approval. (Master Deed Article VIII.A.3)

Architectural approval

Yes, for changes to exterior appearance and modifications to Limited Common Elements. Board may establish an Environmental Control Committee. (Master Deed Article VIII.A.3; Bylaws Art)

Maintenance

Roofs are General Common Elements, maintained by Association. (Master Deed Article V.A.6 (roofs are par)

Insurance

Not detailed in provided excerpts; Association shall maintain insurance on the Condominium Project as a whole (per Bylaws Article VI). (Bylaws Article VI Section 1)

Voting & meetings

Co-Owners of each unit collectively entitled to one vote by number and one vote by value (equal to percentage of value). Voting by value except where specified. No accumulation of votes. (Bylaws Article II Section 2)

Amendments

Amendments that do not materially alter rights may be made by Developer or Association without co-owner consent. Material amendments require 2/3 vote of Co-Owners and 2/3 of mortgagees. Developer has unilateral right to amend for specific p (Master Deed Article XII)

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