Brianna Woods

Key facts from Brianna Woods's documents

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

Governing law

Act 59, Public Acts of 1978, as amended (Michigan Condominium Act) (Page 1, Master Deed title; Article 3.1(a)

Assessments & dues

Not set in document; determined annually by Board budget. (Bylaws 2.2(a): "budget will project all )

Special assessments

Required for additions to General Common Elements costing over $5,000 annually, purchase of unit on foreclosure, or other appropriate purpose. Must be approved by more than two-thirds (2/3) of all Co-owners. (Bylaws 2.2(b): "special assessments...wi)

Collections & liens

Unpaid assessments constitute a lien on the unit. Association may foreclose by judicial action or by advertisement. Redemption period 6 months (1 month if abandoned). Includes costs, attorney fees. (Bylaws 2.5(a)-(f))

Reserves & fees

Required; min 10% of current annual budget on a noncumulative basis for maintenance, repair, and replacement of Common Elements. (Bylaws 2.2(a): "At a minimum, the reserv)

Architectural approval

Yes, Association approval required for improvements within a Unit (other than by Developer). Developer approval during Development Period. (Article 4.3: "The appearance of all buil)

Use restrictions

Single family residential use; only single family residence and associated improvements permitted. (WHEREAS: "single family residential site)

Voting & meetings

Each Co-owner has one (1) vote per Unit owned. Developer votes for all unsold Units. First mortgagees have one vote per mortgaged Unit on certain amendments. (Article 9.1(b): "A Co-owner will have on)

Amendments

Developer may amend without Co-owner consent during Development Period for non-material changes. Material changes require 2/3 vote of Co-owners and mortgagees, with detailed procedures. Amendments for legal compliance without consent. Certa (Article 9.1(a)-(l))

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