North Rockford Estates Site Condominium

Key facts from North Rockford Estates Site Condominium's documents

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

Community type

condominium (Master Deed Preamble)

Legal name

North Rockford Estates Condominium Association (Bylaws Article I.1)

Developer / declarant

Carroll Construction Company, a Michigan corporation (Master Deed Preamble)

Governing law

Michigan Condominium Act, MCL 559.101 et seq., MSA 26.50(101) et seq. (Master Deed Preamble)

Special assessments

yes, if a co-owner's act or neglect causes repair/replacement, Association may specially assess that co-owner (Master Deed Article IV.3.d)

Reserves & fees

minimum 10% of current annual budget; established by transitional control date; used for major repairs and replacement of common elements (Bylaws Article IV.5)

Use restrictions

units created in future development area restricted exclusively to residential use; project is residential condominium (Master Deed Article VI.2; Master Deed Ar)

Voting & meetings

30% of co-owners entitled to vote, present in person or by proxy (Bylaws Article III.5)

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