Saddle Lake Farms

Key facts from Saddle Lake Farms's documents

Reflects the 1996 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Heading: 'SADDLE LAKE FARMS, A CONDOMINI)

Legal name

Saddle Lake Farms, A Condominium

Units / lots

76 (original); up to 201 after all additions (Page 1: 'decreasing each Unit Owner’s in)

Developer / declarant

EnviroBuild, Inc. (Page 1: 'EnviroBuild, Inc., an Alabama c)

Governing law

Alabama Uniform Condominium Act (Section 35-8A-217) (Page 1: 'pursuant to Article XX of the D)

Reserves & fees

Future Road Repair Fund (Resurface Topcoat, Reserve) in budget (Exhibit 2, page 10: 'Future Road Repair )

Leasing & rentals

Yes, but first option to repurchase by Association was deleted (so no longer applicable) (Original Offering Statement, Paragraph 1)

Setbacks / home size

1,700 square feet (Original Offering Statement, Paragraph 3)

Use restrictions

Yes, for New Units (Page 1 of First Amendment to Offering St)

Amendments

By Resolution of all Unit Owners; no further approval required for additions (Page 1-2: 'without any further action or)

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