Gulf House

Key facts from Gulf House's documents

Community type

Condominium (Recitals: 'known as GULF HOUSE, a Condom)

Legal name

GULF HOUSE ASSOCIATION, INC.

Developer / declarant

GULF HOUSE ASSOCIATION, INC. (Opening paragraph: 'made by GULF HOUSE A)

Governing law

Alabama Uniform Condominium Act of 1991 (Ala. Code §35-8A-101 et seq.) and Alabama Condominium Ownership Act of 1973 (Ala. Code §35-8-1 et seq.) (Article I §1.01)

Assessments & dues

Determined by Board of Directors; proportionate share based on fractional ownership in Common Elements (§5.03: 'shall be the same ratio as his f)

Special assessments

May be levied for reconstruction if insurance insufficient (§11.05); also for emergency borrowing (§6.15) with 2/3 Board vote or majority unit owner approval (§11.05, §6.15)

Collections & liens

Association has automatic lien for assessments; priority over other liens except tax liens and first mortgage; foreclosure allowed; receiver may be appointed (§5.05, §5.07, §5.09)

Reserves & fees

Mandatory reserve fund for periodic maintenance, repair, replacement of Common Elements, funded from regular assessments (§6.13: 'shall establish and maintain an )

Leasing & rentals

Units may be leased, subject to restrictions (§7.05: 'Units may be leased by the Unit )

Parking & vehicles

Not explicitly prohibited, but commercial vehicles generally not mentioned; however no storage of boats, trailers, campers, RVs (7.08C) (§7.08(C))

Architectural approval

Written approval of owners of all other units in the building and Board of Directors required for alterations to portions of unit or building not maintained by Association (§9.01(C): 'Neither a Unit Owner or the A)

Home business

Incidental personal business (library, records, phone calls) allowed as customary to residential use (§7.01: 'such uses are expressly declared)

Use restrictions

Each unit shall be used only as a residence (§7.01: 'Each Unit ... shall be used only)

Voting & meetings

Each unit entitled to one vote; owners of multiple units have one vote per unit; Association as unit owner has no vote (§6.04: 'Each unit Shall be entitled to o)

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