Indigo Ridge

Key facts from Indigo Ridge's documents

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

Community type

Condominium

Legal name

INDIGO RIDGE CONDOMINIUM ASSOCIATION

Governing law

Michigan Condominium Act; Michigan Nonprofit Corporation Act (Article I; 2.1)

Assessments & dues

Board of Directors establishes annual budget in advance each fiscal year (2.2(a))

Special assessments

For additions to Common Elements exceeding $5,000 annually or other purposes, requires approval of more than two-thirds (2/3) of all Co-owners (2.2(b))

Collections & liens

Unpaid assessments constitute a lien on the Unit; foreclosure by judicial action or advertisement allowed; redemption period 6 months (1 month if abandoned); notice requirements (2.5)

Reserves & fees

At least 10% of current annual budget on a noncumulative basis; for periodic maintenance, repair, replacement (2.2(a))

Pets

Dogs, cats, and pet birds in reasonable numbers; no commercial breeding; no savage or dangerous animals (6.1.10)

Leasing & rentals

Yes, co-owner may lease entire Unit for same purposes, with disclosure to Association (6.3(a))

Architectural approval

Architectural Review Committee approval required for buildings, structures, improvements, landscaping; no changes or deviations without prior written consent (6.2.5)

Home business

Home occupations allowed only if conducted entirely within residence, by immediate family, incidental, and approved by Architectural Review Committee (6.1.4)

Signs & flags

One 'For Sale' sign not exceeding 6 sq ft displayed no more than 30 days per calendar year; no political or advertising signs; Developer exceptions (6.1.5)

Setbacks / home size

Permitted residences and attachments must meet setbacks required by City of Wyoming Zoning Ordinance (6.2.8)

Maintenance

Co-owner responsible for interior of residence and Limited Common Elements appurtenant; Association responsible for General Common Elements; Co-owner also responsible for sidewalk in front of Unit (5.2; 5.3; 6.2.6)

Insurance

Association to carry liability and other insurance as Board determines appropriate; covers Association, Co-owners, and mortgagees as interests appear (4.1)

Use restrictions

Units for single-family residential purposes only; no more than one residence per Unit (6.1.3)

Voting & meetings

Each Co-owner entitled to one vote per Unit (7.1)

Amendments

Bylaws may be amended, altered, changed, added to or repealed only in the manner set forth in the Master Deed (16.3)

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