Cherokee Ridge Property Owner's Association, Inc.

Key facts from Cherokee Ridge Property Owner's Association, Inc.'s documents

Reflects the 1995 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title and recitals)

Units / lots

Currently 8, maximum 16 if all buildings constructed (§4.02: 'currently containing a total of )

Developer / declarant

Cherokee Ridge Corporation (Opening paragraph and Article I (18))

Governing law

Alabama Uniform Condominium Act of 1991, Alabama Code §§ 35-8A-101 et seq. (Recitals and Article I (1))

Special assessments

Allowed for reconstruction and repair under Article XI; also for other purposes as per Bylaws (§11.05 and §5.03 (implied by 'Special As)

Collections & liens

Unpaid Common Expenses constitute a lien on the Unit Owner's interest (§5.04: 'shall constitute a lien on the i)

Reserves & fees

Common Surplus may be added to a reserve fund for maintenance, repair, and replacement at the discretion of the Board (§5.05: 'Common Surplus... may be added t)

Leasing & rentals

Units may be leased, subject to reasonable rules and regulations of the Condominium Association (§7.05: 'Units may be leased by the Unit )

Home business

Ancillary professional use allowed if permitted by zoning, but no separate business; personal professional library, records, and handling calls are customarily incidental (§7.01: 'if permitted by applicable zonin)

Use restrictions

Each Unit shall be used only as a residence, with limited ancillary professional use allowed (§7.01: 'Each Unit... shall be used only )

Voting & meetings

Each Unit is entitled to one vote, not divisible (§6.03)

Amendments

Amendment requires majority of Board and two-thirds of members' votes, or unanimous agreement of all Unit Owners; Declarant may amend while holding any Unit subject to limitations (§16.02, §16.03, §16.04)

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