Cottages at Autumn Lake Homeowners Association, Inc.

Key facts from Cottages at Autumn Lake Homeowners Association, Inc.'s documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Sub-Association Member of Master Association) (Article III Section 2)

Units / lots

99 (37 Phase I + 62 Additional Property as deemed) (Third Amendment (quorum in 2013 meeting:)

Developer / declarant

Bouy Brothers Builders, Inc., a Georgia corporation (Preamble, Declaration)

Assessments & dues

Board prepares budget, mails to Owners at least 30 days before effective date; budget becomes effective unless annual assessment increase exceeds 10% (then membership vote required) or membership disapproves (then current budget continues) (First Amendment, Article IV Section 3(a))

Collections & liens

Assessments are a continuing lien on the Lot; Association may foreclose; personal obligation also exists (Article IV Sections 1, 8)

Reserves & fees

5% of unpaid assessment if not paid within 15 days after due date (Article IV Section 8)

Pets

Yes, dogs, cats, other household pets; not for commercial purposes; no endangerment or unreasonable disturbance (Article VI Section 4)

Leasing & rentals

Yes, entire residences only (Article VI Section 9)

Parking & vehicles

Prohibited unless permitted by Board in its sole discretion (First Amendment, Article VI Section 12)

Insurance

Fire/hazard insurance on improvements (replacement value); Federal Flood Insurance if in flood zone; proof required (Article V Section 2)

Use restrictions

All Lots restricted exclusively for residential use (Article VI Section 2)

Amendments

Requires approval of at least 75% of votes cast at a meeting with quorum, or in writing by majority of total authorized votes; during Class B, Declarant must give written approval. Declarant may unilaterally amend to comply with lender requ (Article X Section 3)

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