Four Nine Summit Avenue Condominium

Key facts from Four Nine Summit Avenue Condominium's documents

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

Community type

Condominium (Section 1 - Establishment of Condominium)

Legal name

49 Summit Avenue Condominium

Developer / declarant

221 Main at Madison, LLC (Opening paragraph)

Governing law

R.S. 46:8B-1 et seq. (Section 1; also referenced in WHEREAS cl)

Assessments & dues

Sufficient to defray costs; fixed by Board annually (Section 7: 'in an amount at least suffic)

Special assessments

Requires approval of all Unit Owners at a meeting called with at least 7 days' notice (Section 7: 'any such special Common Expe)

Collections & liens

Unpaid assessments are a continuing lien on the Unit; may be foreclosed like a mortgage; personal obligation also (Section 7: 'Each such assessment shall b)

Reserves & fees

Required for deferred maintenance, replacements, capital improvements (Section 7: 'reserves for deferred mainte)

Pets

Dogs and/or cats only, as 'permitted pets' (Section 11(c))

Leasing & rentals

Allowed but with initial minimum term of one year; not for transient/hotel purposes (Section 11(t))

Voting & meetings

one vote per Unit (Section 6: 'voting rights of Unit Owners)

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