Cypress Cove Condo Final Plat

Key facts from Cypress Cove Condo Final Plat's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title and recitals)

Units / lots

0 (condominium has units, not lots) (Document structure)

Governing law

Mississippi Condominium Law, §89-9-1 et seq. (Section 1.1)

Assessments & dues

Set by Board of Directors; proportionate to percentage of undivided interest in Common Elements (Section 6.03, 6.04, 7.07)

Special assessments

Implied for reconstruction and repair after casualty (Section 10.05); otherwise not explicitly defined (Section 10.05)

Collections & liens

Association has lien on Unit and its appurtenant undivided interest; may foreclose; right to receiver and rent (Sections 6.05, 6.06)

Reserves & fees

Association shall establish and maintain reserves for capital expenditures, maintenance, repair, replacement (Section 7.15: 'Association shall establi)

Pets

Section 12.03 exists but text not readable; cannot confirm (Section 12.03 in Table of Contents)

Leasing & rentals

Implied allowed (Developer may rent unsold units; no general prohibition found) (Section 7.12: Developer may rent or leas)

Architectural approval

Yes, for additions or alterations to Unit or Common Elements and for painting or affixing exterior items (Section 8.04(D) and 8.06)

Maintenance

Association (roof is structural component of Common Elements) (Section 6.01(F): roofs are Common Elemen)

Insurance

Property insurance covering Common Elements (excluding land, foundation, excavation); contents of Units excluded. Also liability, flood if applicable, fidelity bonds (Section 9.05)

Use restrictions

All Units shall be for residential use (Section 5.08(b): 'All Units of the condo)

Voting & meetings

Each Unit is entitled to one (1) vote, value equal to percentage of undivided interest in Common Elements (Section 7.04)

Amendments

Developer may amend without consent (Section 5.02); material amendments after Developer control require 67% of Unit Owners and Mortgagee approval (Section 5.02 also references FNMA guidelines) (Section 5.02)

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