Bristol Ridge Condominiums

Key facts from Bristol Ridge Condominiums's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

residential condominium (Master Deed Section 1.3)

Legal name

Bristol Ridge Condominiums

Units / lots

58 maximum (24 initial phase) (Master Deed Section 6.1)

Governing law

Michigan Condominium Act (Act 59, Public Acts of 1978, as amended) (Master Deed Section 1.2 and Article 3.1()

Assessments & dues

Board develops annual budget, determines and levies assessments; apportioned equally among Units (Percentage of Value equal) (Bylaws Section 4.2(b), Master Deed Secti)

Special assessments

Not explicitly mentioned but implied through broad assessment power (Bylaws Section 5.4 (Expenses of Administ)

Collections & liens

Association has a lien on each Unit for unpaid assessments and can foreclose (Bylaws Section 5.5)

Reserves & fees

Board shall establish a reserve fund for capital expenditures and deferred maintenance (Bylaws Section 4.5)

Leasing & rentals

Leasing allowed with notice to Association (Bylaws Article 9.1, 9.2)

Architectural approval

Not explicit; but modifications may require Developer consent during development period and Association consent for exterior changes (Master Deed Section 5.3, Master Deed Sec)

Home business

Not explicitly allowed or prohibited; likely prohibited under nuisance or use restrictions (Bylaws Section 7.3 restricts use to resi)

Maintenance

Roofs are part of building elements, considered general common elements maintained by Association (Master Deed Section 4.1(j))

Insurance

Association shall obtain property insurance covering common elements and possibly units; not detailed in excerpts (Bylaws Section 6.2)

Use restrictions

Residential use only (Bylaws Section 7.1)

Voting & meetings

One vote per Unit, no cumulation (Bylaws Section 2.2)

Amendments

Pre-conveyance: Developer unilateral. Post-conveyance: Material changes require 2/3 of Co-owners and mortgagees; non-material changes possible without consent; Developer reserves unilateral amendment rights for expansion, contraction, etc. (Master Deed Article 9, Bylaws Section 12)

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