Wabasis Cove

Key facts from Wabasis Cove's documents

Reflects the 2011 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Residential site condominium (Section 1.3, page 5)

Legal name

Wabasis Cove Condominium

Governing law

Michigan Condominium Act, MCL 559.101 et seq. (Section 1.2, page 4; Section 3.1 a, page)

Special assessments

Association has power to raise sums by special assessment to discharge obligations (Bylaws Section VI.1, page 30)

Collections & liens

Lien for nonpayment attaches to Owner's Unit, enforceable as assessments including foreclosure (Section 4.3 f, page 14)

Leasing & rentals

Co-owner may lease Unit provided written disclosure of lease transaction is submitted to the Board of Directors and approved in writing by the Association (Section 8.2, page 17)

Parking & vehicles

Commercial vehicles and trucks shall not be parked in or about the condominium except while making deliveries or pickups in normal course of business (Section 8.3 g, page 18)

Setbacks / home size

All dwellings shall be located within the Units and setbacks required by the Planned Unit Development Agreement with Oakfield Township. Developer may permit variations if grade, soil, or other physical conditions justify. (Section 8.3 (c), page 18)

Maintenance

Owner responsible for limited common elements, unit improvements, and yard areas within Unit; Association responsible for other common elements (cleaning, decoration, maintenance, repair, replacement, snow removal) except costs due to owner (Section 4.3 a-d, pages 13-14)

Voting & meetings

Each Unit has equal Percentage of Value (1/12 of total), determining vote share (Section 5.2, page 16)

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