Mercantile on Morris Condominium

Key facts from Mercantile on Morris Condominium's documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Section 1.01(k))

Legal name

Mercantile on Morris Condominium Association, Inc. (Section 1.01(c))

Developer / declarant

2208-2214 MORRIS AVENUE, LLC, an Alabama limited liability company (Opening paragraph)

Governing law

Alabama Uniform Condominium Act of 1991, Code of Alabama 1975 §§ 35-8A-101 et seq. (Preamble and Section 1.01(a))

Assessments & dues

Based on percentage share of undivided interest in Common Elements (Exhibit E), levied annually, payable in monthly installments (Section 5.02(a))

Special assessments

Board may levy additional assessments if current assessments insufficient; special assessments also for reserve fund shortages (Section 5.03 (last paragraph); Section 5)

Collections & liens

Association has a lien for delinquent assessments; may foreclose in same manner as real estate mortgages with power of sale (Alabama Code §§ 35-10-11 et seq.) (Section 5.07(a), (b))

Reserves & fees

Required reserve fund for maintenance, repair, replacement of Common Elements and Limited Common Elements (Section 5.08)

Pets

Yes, but not for commercial purposes; if pet creates nuisance, must be removed within 7 days of written notice; Owner liable for damages (Section 7.02(m))

Leasing & rentals

Yes, subject to rules and written leases (Section 7.03)

Architectural approval

Prior written consent of Association required for additions, alterations, improvements affecting Common Elements, Limited Common Elements, exterior of Unit, or structural changes (Section 6.02(b)(iv), (v))

Home business

Allowed in residential units if not detectable, conforms to zoning, no traffic, consistent with residential character (Section 7.02(p))

Signs & flags

No sign, awning, canopy, shutter, or other fixture affixed to exterior walls or roof or Common Elements without Board's prior written consent (Section 7.02(g))

Insurance

Association shall maintain insurance (Section 9.02)

Use restrictions

Only units on levels 3 and 4; other units may be commercial/retail/office/residential (Section 7.02(a))

Voting & meetings

Each Unit Owner entitled to number of votes per unit as set forth in Exhibit E; future phases comparable to existing units of comparable size (Section 4.02; Section 3.05)

Amendments

Article XIII governs amendment; specific provisions for alteration of boundaries by Developer alone (Section 2.02); addition of Additional Property by Developer alone (Section 3.05) (Section 13.01; Section 2.02; Section 3.0)

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