Burger Phillips Building

Key facts from Burger Phillips Building's documents

Reflects the 2014 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Title)

Governing law

Alabama Uniform Condominium Act of 1991, CODE OF ALABAMA 1975, §§ 35-8A-101 et seq. (Preamble)

Assessments & dues

Based on annual budget adopted by Board; each Unit's share is the percentage of undivided interest in Common Elements (except Unit C1 has different formula). (Sections 4.02, 4.03)

Special assessments

Board may levy additional assessments if needed, including emergencies and non-payment. (Section 4.03)

Collections & liens

Association has a lien for unpaid assessments, which can be foreclosed in the same manner as real estate mortgages with power of sale. (Section 4.08)

Reserves & fees

Assessments shall include an adequate reserve fund for maintenance, repair and replacement of Common Elements and Limited Common Elements. (Section 4.05)

Pets

Yes, but subject to rules relating to keeping of pets adopted by Board. (Section 6.02(k))

Leasing & rentals

Yes, but no more than 25% of Units may be leased (exclusive of Developer owned/leased). Leases must be approved by Board and Management Agent, and must use standard lease agreement provided by Association. (Section 6.03)

Architectural approval

Yes, for any alteration, addition, improvement, decoration, repair, replacement or change to Common Elements, Limited Common Elements, or exterior portion of Unit. (Section 5.02(b)(v))

Maintenance

Association (roof is part of Common Elements per Section 1.01(e)(iii)). (Section 1.01(e)(iii))

Insurance

Association shall maintain multi-peril hazard insurance on all Units, Common Elements, Limited Common Elements on replacement cost basis not less than 100%. (Section 8.02(a))

Use restrictions

Each Unit, except Unit C1, is restricted to residential use. Unit C1 permitted for both commercial and residential use. (Section 6.02(a))

Voting & meetings

Each Unit Owner is entitled to one vote for each Unit owned. (Section 3.02)

Amendments

Developer may amend while owning Units; amendments by Unit Owners require approval as per Article XI (not fully specified in excerpt). Also Section 2.02 allows Developer to change interior design/arrangement of Units without other approval (Sections 2.02, 11.01, 11.02)

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