Marsh Winds Condominium Association

Key facts from Marsh Winds Condominium Association's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Horizontal Property Regime) (Recital - 'establish a horizontal proper)

Legal name

Marsh Winds Owners Association, Inc. (Recital and Art. IV, Sec. 1)

Units / lots

33 in Phase A (Building 1: 12, Building 2: 21); Phases B and C each have 6 units if annexed, for a potential total of 45 (Art. III, Sec. 4(a)-(i))

Governing law

Horizontal Property Act, Section 27-31-20 et seq. of the 1976 Code of Laws of South Carolina (Art. II, Sec. 1(a))

Collections & liens

Assessments create a lien on the Unit; Association may foreclose in same manner as a mortgage. Lien subordinate to prior mortgages. (Art. VI, Sec. 1(j)-(l))

Reserves & fees

Budget may include 'creation of one or more reasonable contingency reserves and/or sinking funds'. (Art. VI, Sec. 1(b))

Voting & meetings

Each Unit Owner entitled to number of votes equal to the percentage of Common Interest of the Unit. Votes can be cast in person or by proxy. (Art. IV, Sec. 2(b))

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