Trails of Sierrafield

Key facts from Trails of Sierrafield's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Recital B: 'establish the real property.)

Units / lots

Initially 9 residential units; maximum 120 units after expansion (Section 1.1: 'first phase... consists of)

Governing law

Michigan Condominium Act, Act 59 of 1978, as amended (Article III, Section 3.1(a); Recital B)

Special assessments

Allowed for increased maintenance costs due to unit improvement (Section 4.3b) and for owner maintenance defaults (Section 4.3d). Utility costs may be specially assessed (Article VIII). (Sections 4.3(b), 4.3(d), Article VIII)

Collections & liens

Association has lien for nonpayment of assessments; may enforce by legal action, foreclosure of lien, and imposition of fines. (Section 4.3(d): 'the lien for nonpayment)

Voting & meetings

Each unit collectively has one vote by number and one vote by value (equal to percentage of value). Voting by value except where both required. No accumulation of votes. (Condominium Bylaws, Section 2.02(a): 'th)

Amendments

Pre-conveyance: Developer may unilaterally amend. Post-conveyance: Non-material amendments by Developer or Association (majority vote). Material amendments by Developer without consent for specified purposes; material amendments requiring 2 (Article IX, Sections 9.1-9.3)

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