Bragg & Graham

Key facts from Bragg & Graham's documents

Reflects the 2025 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Document title and Recitals)

Governing law

Mississippi Condominium Law, Miss. Code Ann. Sections 89-9-1 et seq. (Recitals (page 1 of condominium declarat)

Assessments & dues

Common Expenses determined in By-Laws; each Unit Owner pays proportionate share based on percentage ownership of Common Elements (Sections VI.A and VI.C)

Collections & liens

Association has lien on each Unit and its contents for assessments and fines; lien subordinate to first mortgage except for six months of assessments prior to foreclosure action (Sections VI.E and VI.F)

Reserves & fees

Association shall establish and maintain adequate budget and reserve fund for periodic maintenance, repair, replacement of Common Elements (Section VII.N)

Insurance

Unit Owners should obtain HO-6 policy for liability, contents, etc. (Section IX.E.i)

Voting & meetings

Each Unit entitled to one vote; if multiple owners, single vote cast as designated (Sections VII.D and VII.E)

Amendments

Declarant may amend unilaterally to exercise Development Rights or Special Declarant Rights, or to record Special Amendment for compliance/error correction; material amendments require approval of 70% of Unit Owners and 51% of Mortgagees (Section V.B)

Amenities

Recreation areas, facilities supporting 'man cave' concept (Section V.O.vi and V.O.ix)

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