Flat River Estates

Key facts from Flat River Estates's documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (site condominium) (Master Deed title and Article I, Section)

Legal name

Flat River Estates Homeowners Association (Article I, Section 1.1; Bylaws Article I)

Governing law

Michigan Condominium Act, Act 59 of 1978, as amended (Master Deed preamble and Article III, Se)

Assessments & dues

Board establishes annual budget; assessments apportioned in equal shares among all Units (Bylaws Article II, Sections 2.2(a) and 2)

Special assessments

Requires prior approval of more than two-thirds (2/3) of all Co-owners (Bylaws Article II, Section 2.2(b))

Collections & liens

Statutory lien secures unpaid assessments; foreclosure by judicial action or advertisement; redemption period 6 months (or 1 month if abandoned); Association may suspend services and voting rights (Bylaws Article II, Section 2.5)

Reserves & fees

At least 10% of current annual budget on noncumulative basis for periodic replacement of common elements (Bylaws Article II, Section 2.2(a))

Use restrictions

Only single-family residence and associated improvements permitted within a Unit (Article VII: "The only improvements perm)

Voting & meetings

One vote per Unit; percentage of value equal for all Units (Article V, Section 5.2; Article IX, Sect)

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