Grander Estates

Key facts from Grander Estates's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Residential Site Condominium (Article I, Section 1.1: 'a residential s)

Units / lots

7 (initial phase); maximum 31 (after expansion) (Article I, Section 1.1: 'seven (7) Condo)

Governing law

Michigan Condominium Act (Act 59, Public Acts of 1978, as amended) (Recitals, paragraph B and Definition 'Ac)

Assessments & dues

Not detailed in Master Deed; reference to assessment procedures in Bylaws (Section 4.3(d): 'in accordance with the )

Special assessments

Permitted for costs of maintenance defaults by Co-owner; also for utility expenses (Section 6.11) (Article IV, Section 4.3(d): 'specially a)

Collections & liens

Lien for nonpayment of assessments attaches to charges; may be enforced by legal action and foreclosure (Article IV, Section 4.3(d): 'lien for no)

Leasing & rentals

Not explicitly prohibited; amendment restrictions indicate leasing is permitted (Article VIII, Section 8.4: 'provision re)

Architectural approval

Yes, for exterior appearance visible from other Units or Common Elements; approval by Association (Article IV, Section 4.3(b): 'exterior ap)

Maintenance

Co-owner responsible (as part of Unit maintenance) unless caused by act of another (Section 4.3(b) and (f): 'to the extent c)

Use restrictions

Yes - 'residential site condominium' (Article I, Section 1.1)

Voting & meetings

Based on Percentage of Value; all Units have equal percentage (value = 100 / number of units) (Article V, Section 5.2: 'total value of )

Amendments

Pre-conveyance: Developer unilaterally; Post-conveyance: non-material by Developer or Association; material requires 2/3 vote of Co-owners and mortgagee approval per Section 8.3; Developer consent needed during Development Period (Article VIII (Sections 8.1-8.4))

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