Lake Forest HOA

Key facts from Lake Forest HOA's documents

Reflects the 1989 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (HOA) - Single-Family Residential Subdivision (Recitals and use restrictions - single-f)

Legal name

Lake Forest Community Association, Inc.

Developer / declarant

Cohn Communities, Inc., a Georgia corporation (WHEREAS and opening of declaration)

Governing law

Georgia Condominium Act, O.C.G.A. Section 44-3-70, et seq. (explicitly excluded); no other statute cited ("THIS DECLARATION DOES NOT AND IS NOT IN)

Assessments & dues

Set annually by Board based on budget; no fixed dollar amount (Article IV, Section 3: "assessment to be)

Special assessments

Special assessments allowed if approved by 2/3 of total Association vote and Declarant (while Declarant has annexation option); payment terms determined by Board (Article IV, Section 4)

Collections & liens

All assessments, late charges, interest, costs, and attorney's fees are a continuing lien on the Lot; Association may file notice of lien and foreclose; lien superior to all except ad valorem taxes and first Mortgage; Association may sue to (Article IV, Sections 2,5,6)

Reserves & fees

Budget must include a capital contribution establishing a reserve fund in accordance with a separately prepared budget (Article IV, Section 3: "The budget shall)

Pets

Yes, only dogs, cats, or other usual household pets in reasonable number as determined by Board; no livestock, poultry, or animals for commercial purpose (Article VI, Section 7)

Leasing & rentals

Yes, for residential purposes only (Article VI, Section 5: "Lots may be leas)

Parking & vehicles

Boats, recreational vehicles, motor homes, mobile homes, towed vehicles may not be kept or stored for more than 12 hours unless in garage or designated area (Article VI, Section 4: "No boat, recreat)

Architectural approval

ACC must approve or disapprove submitted plans within 45 days; if no response within 45 days, approval deemed given. Submission includes nature, kind, shape, height, materials, location. (Article X, Section 2: "In the event that)

Home business

Home business allowed if: not detectable from exterior, no community traffic/solicitation, conforms to zoning, consistent with residential character (as determined by Board) (Article VI, Section 2, conditions (a)-(d)

Signs & flags

Exterior flags require ACC approval (included in 'exterior sculpture, fountains, flags, and similar items') (Article VI, Section 21: "Exterior sculpt)

Use restrictions

Each Lot shall be used for residential purposes only; no trade or business except limited home business meeting specific criteria (Article VI, Section 2)

Voting & meetings

One vote per Lot owned; multiple owners must agree on how vote is cast; no more than one vote per Lot (Article III, Section 2: "Members shall 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.