Cuming & Ferry's Add

Key facts from Cuming & Ferry's Add's documents

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

Community type

Residential Condominium (Article II: 'establishes Fourth Street T)

Governing law

Michigan Condominium Act, Act 59 of 1978, as amended (Article I(e): 'Act means the Michigan Co)

Special assessments

Permitted (Bylaws Article V Section 6). (Bylaws Table of Contents: 'Section 6. Sp)

Collections & liens

Collection of assessments addressed in Bylaws Article V Section 7. (Bylaws Table of Contents: 'Section 7. Co)

Reserves & fees

Reserve for major repairs and replacement required. (Bylaws Article V Section 13: 'Reserve fo)

Leasing & rentals

Prohibited per Bylaws Article VIII Section 1 ('Rental Prohibited'). (Bylaws Table of Contents: 'ARTICLE VIII )

Signs & flags

Any signs on exterior of Units or General Common Elements (e.g., wayfinding signs) are General Common Elements. (Article V.A.9)

Maintenance

Roof is General Common Element, maintained by Association. (Article V.A.7: 'The roof...' as General )

Voting & meetings

One vote per Unit when voting by number; one vote per Unit weighted by percentage of value when voting by value. No cumulation. (Bylaws Article II Section 2)

Amendments

May be amended by two-thirds vote of Co-Owners in number and two-thirds of mortgagees. Certain amendments require consent of affected Co-Owners/mortgagees or Developer. Non-material amendments by Association. Developer has reserved rights t (Article XII.A)

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