Pointe at Bay Cove Condominiums The

Key facts from Pointe at Bay Cove Condominiums The's documents

Reflects the 2010 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

THE POINTE AT BAY COVE, A CONDOMINIUM

Developer / declarant

ASSET MANAGEMENT DIRECT, LLC

Governing law

Mississippi condominium law (inferred) (References to Mississippi law and creati)

Assessments & dues

Assessments in proportion to the area each Unit bears to the area of all Units (Section 17.1)

Special assessments

Yes, Board may levy additional assessments if needed or in emergencies (Section 17.3) (Section 17.3)

Collections & liens

Association has a lien upon each Unit for unpaid assessments, interest, and enforcement costs; may foreclose in court; superior to other liens except first mortgages recorded prior (Sections 17.10, 17.11, 17.12)

Reserves & fees

Capital Expense Reserve Fund and General Operating Reserve required unless waived by Unit owners (Sections 17.4, 17.5)

Pets

Yes, subject to restrictions (Section 15.5)

Leasing & rentals

Yes, for residential purposes (Section 15.13)

Architectural approval

Yes, Board approval required for any alteration, improvement, or addition to a Unit or Limited Common Element that affects certain items (e.g., columns, bearing walls, exterior appearance) (Section 19.1)

Maintenance

Unit owners maintain interior of Units, fixtures, and equipment; Association maintains Common Elements and exterior of Limited Common Elements (balconies, terraces, etc.); interior of Limited Common Elements maintained by Unit owner (Sections 12.1, 12.2, 12.3)

Insurance

Casualty insurance covering buildings and improvements including Units and Common Elements; public liability; worker's compensation; flood if required; fidelity insurance covering officers, employees, and managing agent (Section 13.2)

Use restrictions

Each Residential Unit shall be occupied only for residential purposes (temporary or permanent) and by servants and guests, or tenants, for no other purpose (Section 15.1)

Voting & meetings

One (1) vote per Residential Unit; no fractional votes; proxy allowed (Section 8)

Amendments

Proposed by Board or by owners of majority of Units; adopted by affirmative vote of owners of two-thirds (2/3) of Residential Units at a meeting or by written instrument; certain amendments require consent of affected owners and Registered (Section 11)

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