Enclave at Preservation Lakes

Key facts from Enclave at Preservation Lakes's documents

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

Community type

Residential Condominium (Article 1.3: 'The Project is a residenti)

Governing law

Michigan Condominium Act, Act 59, Public Acts of 1978, as amended (Article 1.2; Article 3.1(a))

Assessments & dues

Not fixed; determined by Board of Directors from time to time (Exhibit A (Bylaws) Article 5.2: 'The Boa)

Special assessments

Permitted; increased maintenance costs from owner modifications may be specially assessed; Bylaws Article 5.5 likely provides for special assessments (Master Deed Article 4.3(c); Bylaws Table)

Collections & liens

Association has lien rights for unpaid assessments; enforcement by legal action including foreclosure (implied by Bylaws Article 5.5) (Exhibit A (Bylaws) Article 5.5 (Collecti)

Reserves & fees

Provided for in Bylaws Article 4.5 (Reserve Fund) – text not extracted (Bylaws Table of Contents shows '4.5 Rese)

Use restrictions

Yes, residential condominium (Article 1.3: 'The Project is a residenti)

Voting & meetings

One vote per Unit when voting by number; one vote weighted by Percentage of Value when voting by value; no cumulation (Exhibit A (Bylaws) Article 2.2: 'Each Co)

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