Csmr Covenants HOA

Key facts from Csmr Covenants HOA's documents

Community type

homeowners association (not a condominium) (page 7: "This document does not and is n)

Governing law

Not subject to Georgia Condominium Act (O.C.G.A. 44-3-70) or Georgia Property Owners' Association Act (O.C.G.A. 44-3-220) (page 7)

Assessments & dues

Board prepares budget at least 30 days before fiscal year; assessment fixed at uniform rate; budget and assessment effective unless disapproved by 67% vote at meeting; if no budget adopted, prior year's budget continues (Section 8.3 (pages 25-26))

Special assessments

May be levied to cover unbudgeted or excess expenses; if exceeds General Assessment in any fiscal year, requires majority vote of Members and Declarant consent (if Declarant owns property); payable as Board determines; levied equally on all (Section 8.5 (page 26))

Collections & liens

Association has lien for delinquent assessments, interest, late charges, collection costs, attorneys fees; superior to all other liens except taxes and first Mortgage of record; enforceable by suit, judgment, foreclosure same as mortgages u (Section 8.7 (page 27))

Reserves & fees

Board may prepare reserve budget; no obligation; if insufficient, Special Assessments may be levied (Section 8.4(a) (page 26))

Leasing & rentals

Yes, Article XVI provides leasing provisions (Article XVI heading (page 45) and Sectio)

Maintenance

Association maintains exterior roofing surface (shingles, decking, other surface materials); Owner responsible for all other portions of the roof system, vents, fans, plumbing stacks, or other items attached to the roof and serving a single (Section 5.1(b)(ii) (page 17))

Insurance

May contain reasonable deductible; treated as Common Expense unless Board determines loss due to negligence or willful misconduct of Owner, then Board may levy Specific Assessment for deductible against that Owner (Section 6.1(b) (page 21))

Voting & meetings

One vote per Unit; if multiple owners, they determine how vote is cast; vote suspended if more than one person seeks to exercise it (Section 3.3 (page 13))

Amendments

Amendable as per Section 15.2 (text not fully extracted but referenced); requires Recorded instrument (Section 15.2 (page 44))

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