Fase Street Crossings

Key facts from Fase Street Crossings's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Fase Street Crossings

Units / lots

16 (Units 1 through 16 referenced; garage stall limits on Units 8 and 16 only) (Bylaws, Section 3.1)

Developer / declarant

7699 FASE STREET, LLC

Governing law

Michigan Condominium Act, Act 59 of 1978, as amended (Article III, Section 3.1(a))

Assessments & dues

Board of Directors establishes an annual budget and levies assessments based on that budget; assessments apportioned according to each Unit's percentage of value (Bylaws, Sections 2.2(a) and 2.3)

Special assessments

Special assessments (e.g., additions to Common Elements exceeding $10,000 per year, purchase of foreclosed Unit) require prior approval of more than 60% of all Co‑owners (Bylaws, Section 2.2(b))

Collections & liens

Association has a statutory lien securing assessments; may foreclose by judicial action or by advertisement; redemption period 6 months (1 month if abandoned); expenses of collection (interest, costs, attorney fees) are secured by the lien (Bylaws, Sections 2.5 and 2.6)

Reserves & fees

At Transitional Control Date, reserve fund must be at least 10% of current annual budget on a non‑cumulative basis; Board should analyze to determine if greater amount is needed (Bylaws, Section 2.2(a))

Pets

Dogs, cats, and pet birds in reasonable numbers as pets; no commercial breeding; no savage or dangerous animals; no dog that barks frequently; owner must dispose of waste; Association may remove offending animals and require registration (Bylaws, Section 3.8)

Architectural approval

Prior written approval required for exterior changes (colors, significant landscaping, antenna, solar panels, satellite dishes, fences, outbuildings, and any structure) – from Developer during Development Period, thereafter from Association (Bylaws, Sections 3.4, 3.5, 3.6)

Home business

Home occupations allowed if incidental, conducted entirely within residence by immediate family only; no sign, no commodity sales; prohibited uses include barber shop, beauty parlor, day care, animal hospital; garage sales permitted with pr (Bylaws, Section 3.2)

Signs & flags

Co‑owners may display political signs and symbols of kinds normally displayed in single‑family residential neighborhoods, subject to reasonable time, place, and manner restrictions for minimizing damage and disturbance (Bylaws, Section 3.16(b))

Use restrictions

Units for single‑family residential purposes only; no business, duplex, apartment, lodging house, etc.; one residence per Unit; single family plus temporary guests and servants (Bylaws, Section 3.1)

Voting & meetings

Each Co‑owner has one vote per Unit; voting by percentage of value (which is equal for all Units); Developer controls votes for unsold Units; mortgagees vote on specified amendments under Article X (Article V, Section 5.2; Article X, Secti)

Amendments

Developer may amend without Co‑owner consent during Development Period for non‑material changes; material changes require 2/3 vote of Co‑owners and mortgagees; amendments for legal compliance may be made by Developer without consent; certai (Article X, Section 10.1)

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