St Vincents Hospital

Key facts from St Vincents Hospital's documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Medical Office Building Condominium (Section 1.1)

Developer / declarant

SV Six Development, LLC, an Alabama limited liability company (First paragraph and Section 2.1)

Governing law

Alabama Uniform Condominium Act of 1991 (Section 35-8A-101 et seq., Code of Alabama 1975) (Section 2.1 (Act definition))

Special assessments

May be levied by majority vote of Unit Owners for capital improvements on Common Elements. (Section 5.5)

Collections & liens

Association has continuing lien for assessments filing and foreclosure by public auction after publication notice once a week for three weeks. (Sections 5.1 and 5.7)

Reserves & fees

Required reserve fund for periodic maintenance, repair, replacement of Common Elements; payable in regular installments. (Section 5.6)

Voting & meetings

Each Unit votes according to its percentage share of Common Elements (set forth in Exhibit E). Total 100 votes; not one-unit-one-vote. (Section 4.6)

Amendments

Amendment of Declaration requires consent of Mortgagees (Section 14.2) and is governed by Section 14.1 (text not fully provided). (Sections 14.1 and 14.2 (table of content)

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