Paris Meadows

Key facts from Paris Meadows's documents

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

Community type

Residential Condominium (Recital A)

Legal name

Paris Meadows Condominium Association (Section 3.1c)

Units / lots

Maximum 61; initial phase 24 (Section 1.1: 'first phase...twenty four )

Governing law

Michigan Condominium Act, Act 59, Public Acts of 1978, as amended (Section 1.1, Recital B)

Special assessments

Allowed; e.g., increased costs due to owner improvements (4.3b), costs incurred by Association for owner neglect (4.3e), or utility costs (8.2) (Sections 4.3b, 4.3e, 8.2)

Collections & liens

Association has lien for nonpayment of assessments, may foreclose and impose fines (Section 4.3e)

Leasing & rentals

Leasing is permitted; rights to rent are controlled by Condominium Documents; no changes without Developer approval during Development and Sales Period (Section 9.3a)

Maintenance

Roofs are General Common Elements; thus Association responsible (Section 4.1l)

Use restrictions

Yes, described as residential condominium project (Recital A: 'residential condominium proj)

Voting & meetings

Each unit entitled to one vote by number and one vote by value equal to its Percentage of Value. Voting by number except where required by value. No cumulative voting. (Bylaws 2.02a)

Amendments

Pre-conveyance: Developer may unilaterally. Post-conveyance: non-material by Developer or Association; material amendments by 2/3 vote of Co-owners and mortgagees. Developer consent required during Development and Sales Period. Certain amen (Article IX)

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