Brookhaven Lane

Key facts from Brookhaven Lane's documents

Community type

planned_community (WHEREAS clause: 'create on the Property )

Legal name

Brookhaven Lane, Inc. (Article I, Section 1.01)

Developer / declarant

The Plummer Company (Article I, Section 1.04)

Governing law

Georgia Non-Profit Corporation Code (O.C.G.A. 14-3-2) (By-Laws, Article II, Section 2.01)

Assessments & dues

Set annually by Board at a uniform rate for all Lots. Initial assessment due July 1, 1987. If no action, same as previous year. (Article IV, Sections 4.04, 4.05; By-Laws)

Special assessments

May be levied for capital improvements with assent of at least two-thirds of the votes of each class of Members. If less than two-thirds of a class approve, not levied on that class. (Article IV, Section 4.03; By-Laws Articl)

Collections & liens

Unpaid assessment becomes a continuing lien on the Lot. Association may bring legal action or foreclose. Lien subordinate to first Mortgage. Association may bid at foreclosure sale. (Article IV, Sections 4.07, 4.08)

Reserves & fees

Assessments must provide an adequate reserve for replacement and repair of the Common Area. (Article IV, Section 4.02; By-Laws Articl)

Pets

Yes (Article V, Section 5.06(b))

Leasing & rentals

false (Article V, Section 5.06(d): 'no portion )

Parking & vehicles

Discouraged; no Lot owner shall park on streets as a matter of course. (Article V, Section 5.05(h))

Signs & flags

Only professionally lettered sign of builder, realtor, owner or Declarant advertising Lot for sale. Max size 24x30 inches, no more than two signs, mounted separate from structures, not on trees. (Article V, Section 5.05(b))

Use restrictions

Each Lot used only as a one-family dwelling. No portion may be used for rental purposes. No trailer, camper, tent, or garage used as residence. (Article V, Section 5.06(d))

Voting & meetings

One vote per Lot. Two classes: Class A (all owners except Declarant) one vote per Lot; Class B (Declarant) one vote per Lot owned. Voting may be exercised by proxy. (Article III, Sections 3.02, 3.03; By-Law)

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