St Vincents Hospital Professio

Key facts from St Vincents Hospital Professio's documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 1 - CONDOMINIUM FORM OF OWNERSHI)

Legal name

St. Vincent’s Hospital Professional Office Building III Condominium Association (Section 4.5 ASSOCIATION)

Developer / declarant

Seton Property Corporation of North Alabama, a not-for-profit corporation (First paragraph after title)

Governing law

Alabama Uniform Condominium Act of 1991, Code of Alabama, 1975 §§ 35-8A-101, et seq. (Recitals and Section 1)

Assessments & dues

Board fixes sums necessary for Common Expenses; each Unit Owner liable for proportionate share based on percentage in Exhibit D (Section 11 and Section 11.1)

Special assessments

Permitted; e.g., for deficiency in reconstruction of Common Elements (Section 15.3) and generally referred to in Section 11.4 (Section 15.3 and 11.4)

Reserves & fees

Common Expenses may include contingency or reserve requirements (for replacements, maintenance, repairs, operating reserve) (Section 11.1 last sentence)

Leasing & rentals

Yes, Unit Owner may lease via a Lease (Section 4.23), but no explicit restriction on leasing in this excerpt (Section 4.23 LEASE, Section 4.30 TENANT)

Signs & flags

Section 19.7 (referenced) may address signage installed by Declarant; not fully quoted. (Section 19.7 (referenced))

Maintenance

Association (Common Element - Section 7.1-2 includes roofs) (Section 7.1-2)

Voting & meetings

Not explicitly defined in excerpt; membership in Association is confined to fee owners of Units (Section 4.24). No further detail. (Section 4.24 MEMBER)

Amendments

Not fully detailed; consent of all Unit Owners required to alter percentage interests (Section 10); amendment by amended Declaration duly recorded (Section 10); no general amendment clause in excerpt. (Section 10)

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