Winsfield

Key facts from Winsfield's documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article I, Nature of Project)

Legal name

Winsfield Condominium Association, Inc.

Developer / declarant

W.B. Development Company

Governing law

Act 59 of the Public Acts of 1978, as amended (Article III, Section 3.1.1)

Assessments & dues

Apportioned equally among Co-owners; annual budget established by Board of Directors (Article II, Sections 2.3.1 and 2.4)

Special assessments

Requires approval by more than 60% of Co-owners for additions to Common Elements exceeding $5,000 annually or for other purposes (Article II, Section 2.3.2)

Collections & liens

Association may enforce by judicial action or foreclosure by advertisement; includes right to appoint receiver and sell unit (Article II, Sections 2.5.1 and 2.5.2)

Reserves & fees

Minimum 10% of current annual budget on a noncumulative basis on Transitional Control Date; funded by regular annual payments (Article II, Section 2.3.1)

Architectural approval

Improvements or alterations to residence structure require approval of the Association (Article VIII, Section 8.1)

Use restrictions

Condominium Units shall be used as single family residences (Article IV, Section 4.6)

Voting & meetings

One vote per Unit owned (Article XI, Section 11.1.2: 'Co-owner wi)

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