Georgetown of Grand Rapids

Key facts from Georgetown of Grand Rapids's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium project administered by a Michigan non-profit condominium association (Page 2 'condominium project' and 'George)

Legal name

Georgetown of Grand Rapids Condominium Association

Management

Brian Davis, Property Manager (Page 14 Exhibit A Affidavit of Service)

Governing law

Michigan Condominium Act, as amended (MCL 559.190 and MCL 559.173) (Page 2 WHEREAS clauses referencing Secti)

Assessments & dues

All premiums on insurance purchased by the Association pursuant to the Bylaws are expenses of administration (Condominium Bylaws Article VI, Section 2)

Special assessments

The Association may levy Regular and Special assessments against each Co-owner with regard to the Co-owner's Apartment during the time of ownership (Condominium Bylaws Article V, Section 6,)

Collections & liens

Unpaid assessments and/or any costs, late fees, or other fees, including actual attorney fees, incurred as a result of default constitute an immediate lien on the Apartment prior to all other liens except tax liens and sums unpaid on the fi (Condominium Bylaws Article V, Section 6,)

Reserves & fees

The Association may set and charge late fees for any assessment not paid in a timely manner; such late fees may increase or decrease from time to time at the discretion of the Board of Directors (Condominium Bylaws Article V, Section 6,)

Leasing & rentals

Beginning on August 1, 2023, no Apartment, or any portion of an Apartment, or any common element area appurtenant to an Apartment may be leased or rented for any amount of time or for any amount of money (or no money) (Condominium Bylaws Article VII, Section )

Parking & vehicles

Carports, roads, driveways, and parking spaces are General Common Elements (Master Deed Article IV.A.2, Page 3)

Architectural approval

All Co-owners shall seek, in writing, approval for proposed paint color and design prior to painting any exterior door or window; the Board of Directors shall, at its discretion, grant or deny such approval (Master Deed Article IV.C.2, Page 5)

Maintenance

Roofs are General Common Elements; maintenance, repair, and replacement are the Association's responsibility unless damaged by a Co-owner or occupant (Master Deed Article IV.A.7 and IV.C.5, P)

Insurance

The Association shall obtain and maintain fire and extended coverage, vandalism and malicious mischief, liability, and workmen's compensation insurance pertinent to the ownership, use, and maintenance of the common elements for which the As (Condominium Bylaws Article VI, Section 2)

Use restrictions

Apartments and the Common Elements appurtenant thereto shall be used only for residential occupancy and shall not be used in any manner inconsistent with the purposes of the Project, the Master Deed, Bylaws, Rules and Regulations, or in any (Master Deed Article IV, Page 6)

Voting & meetings

A Co-owner in default shall not be entitled to vote at any meeting of the Association so long as such default continues and, to the extent permitted by law, the Co-owner's potential vote shall not be counted when calculating the number of v (Condominium Bylaws Article V, Section 6,)

Amendments

The Third Amendment was adopted pursuant to Section 90 of the Michigan Condominium Act (MCL 559.190) by an affirmative vote of greater than two-thirds (2/3) of all co-owners, in number and in value, at a meeting held on July 27, 2022 (Exhibit B, Page 15)

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