Meadow Garden Estates North

Key facts from Meadow Garden Estates North's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Site condominium (residential) (Article I, Section 1.2)

Units / lots

21 (initial phase); expandable to maximum 61 (Article I, Section 1.2 and Article XI, S)

Governing law

Michigan Condominium Act (Act 59 of Public Acts 1978, as amended) (Recitals and Article III, Section 3.1(a))

Assessments & dues

Not set in document; determined annually by Board budget (Bylaws Article II, Section 2.2(a))

Special assessments

Special assessments may be levied for additions >$5000, purchase of foreclosed unit, or other appropriate purposes, with prior approval of >2/3 of all Co-owners. Board may also levy assessments under Section 5.4 (not provided) without co-ow (Bylaws Article II, Section 2.2(b) and (a)

Collections & liens

Association has lien on unit for unpaid assessments (including interest, costs, attorney fees, fines). Lien priority: first mortgage recorded subsequent to notice of lien has lower priority. Foreclosure by judicial action or advertisement. (Bylaws Article II, Section 2.5)

Reserves & fees

Minimum 10% of annual budget on a noncumulative basis; must be funded by regular monthly payments. Association should analyze if greater amount needed. (Bylaws Article II, Section 2.2(a))

Leasing & rentals

Not explicitly stated; however, amendment provisions mention 'leasing restrictions', implying leasing is permitted and can be regulated. (Article IX, Section 9.1(b)(vi) and 9.1(d)

Architectural approval

Yes. All improvements beyond Developer must be approved by Developer during Development Period, then by Association thereafter (except as built with Developer's approval). (Article VII, Section 7.1 and Article IV,)

Signs & flags

Developer reserves sign easement for Project identification signs (construction, repair, maintenance). No other sign rules. (Article VI, Section 6.7)

Maintenance

Owner (since within Unit boundaries). (Article IV, Section 4.3: 'The costs of m)

Insurance

Association shall carry liability and other insurance appropriate for General Common Elements. (Bylaws Article IV, Section 4.1(a))

Use restrictions

Yes. 'No unit will be created ... that is not restricted exclusively to residential use.' (Article XI, Section 11.2)

Voting & meetings

Each Co-owner has one vote per Unit owned; voting by value (Percentage of Value) – all units have equal percentage of value; Developer votes for all unsold units it owns. Mortgagees have vote on certain amendments. (Article III, Section 3.1(r); Article V, )

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