Leaning Oaks

Key facts from Leaning Oaks's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Art. I §1.1, Recital B)

Legal name

Leaning Oaks Condominium Association (Art. III §3.1(c), Exhibit A Art. I §1.01)

Governing law

Michigan Condominium Act (Act 59, Public Acts of 1978, as amended) (Recital B, Art. III §3.1(a))

Assessments & dues

Not explicitly stated in this Master Deed; general expenses of administration assessed against all co-owners in accordance with Condominium Bylaws (Art. VI §6.2, Art. VIII §8.2)

Special assessments

Costs of maintenance, repair, replacement due to act or neglect of Co-owner may be specially assessed to that Unit; similarly, certain utility costs if determinable per unit (Art. IV §4.3(b), Art. VIII §8.2)

Collections & liens

Not explicitly described, but assessment collection procedures are established in Condominium Bylaws (Art. IV §4.3(b) (reference to assessment)

Leasing & rentals

Implied; rental rights controlled by Condominium Documents; amendment cannot affect existing leases; no cap or term mentioned (Art. IX §9.3)

Architectural approval

Exterior appearance visible from any other Unit or Common Element subject to approval of the Association and its aesthetic standards (Art. IV §4.3(c))

Use restrictions

Residential site condominium; implies residential use only (Art. I §1.1)

Voting & meetings

One vote per unit when voting by number; one vote weighted by Percentage of Value when voting by value; no accumulation (Exhibit A Art. II §2.02(a))

Amendments

Pre-conveyance: Developer unilateral. Post-conveyance: Non-material amendments by Developer (without consent) or by Association with majority vote; material amendments require 2/3 vote of Co-owners and mortgagees; Developer consent required (Art. IX §9.1, §9.2)

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