Copper Corner

Key facts from Copper Corner's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

residential site condominium (Article I, Nature of Project: 'The Proje)

Legal name

Copper Corner

Developer / declarant

Geoffrey P. Meekhoff & Company, Inc.

Governing law

Michigan Condominium Act, Act 59 of the Public Acts of 1978, as amended (Preamble and Article III(a) definition)

Assessments & dues

Not fixed; Board sets annual budget and allocates common charges based on percentage of value per Unit (By-Laws Article V, Section 4: 'establish)

Special assessments

Requires prior approval of more than 3/4 of all Members in value and number, except for capital improvements under $2,000/year or emergencies which Board can levy without member vote (By-Laws Article V, Sections 4 (last part)

Collections & liens

Unpaid assessments constitute a lien on the Unit, prior to all other liens except tax liens and first mortgage. Association may foreclose by judicial action or advertisement (power of sale) after 10 days' notice by certified mail to owner. (By-Laws Article V, Section 6)

Architectural approval

Yes, exterior appearance of structures and yard areas visible from any other Unit or General Common Element is subject to approval of Association and to reasonable aesthetic and maintenance standards prescribed in rules and regulations (Master Deed Article IV.C.2)

Maintenance

Association maintains General Common Elements; Unit owners maintain their Unit and Limited Common Elements (driveways, sidewalks, etc.). Association may step in if owner fails to maintain and charge costs as assessment. (Master Deed Article IV.C (entire); By-La)

Voting & meetings

Each Unit collectively entitled to one vote when voting by number and one vote equal to percentage of value when voting by value; no cumulation (By-Laws Article II, Section 2)

Amendments

If only Developer, unilateral amendment/termination. If other co-owners: amendments without material change need no consent; material amendments need 2/3 of co-owners and 2/3 of mortgagees (but Unit dimensions, Percentage of Value formula, (Master Deed Article IX (A, B, C))

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