A Document Summary for Co-Owners

Master Deed 

•    Establishes the 19-unit storage condominium on 2.5 acres in Long Lake Township.

•    Defines ownership as your unit's interior plus shared interest in land, exterior structures, and utilities.
 
•    Assigns each unit an equal 5.2632% share of voting rights, common costs, and ownership.

•    Limits use of the units to storage only; living in them is prohibited by the bylaws.

•    Governs the shared well and septic systems, requiring an escrow fund and household-only waste.

Bylaws 

•    Outlines how the Association manages property maintenance and administrative operations.

•    Details how annual assessments and reserves are funded equally across all 19 units.

•    Lists prohibited activities including retail business, residential living, and hazardous materials
.
•    Defines co-owner duties for unit upkeep and accountability for guests or tenants.

•    Sets requirements for leasing units using Association-approved forms and document compliance.

•    Provides the framework for Board elections, voting, and participating in community decisions.

 

 

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