Clairmont Terrace Condominium

Key facts from Clairmont Terrace Condominium's documents

Community type

Condominium (Section 1)

Developer / declarant

Clairmont Terrace Investments, LLC, a Georgia limited liability company (Preamble, Section 2(n))

Governing law

Georgia Condominium Act, O.C.G.A. §44-3-70 et seq. (Section 1, Section 2(a))

Assessments & dues

Board prepares budget at least 21 days before fiscal year, delivers to members 30 days before annual meeting; budget becomes effective unless majority of total Association vote disapproves at meeting with quorum (Section 10(d))

Special assessments

Board may levy special assessments; any special assessment that would cause average total of special assessments in one fiscal year to exceed $200 per Unit must be approved by majority of total Association vote (Section 10(e))

Collections & liens

All assessments, charges, interest, costs, and attorney's fees constitute a continuing lien on the Unit; personal obligation of Owner; priority as provided in the Act (Section 10(b), (c))

Reserves & fees

After Declarant control ends, Board shall annually prepare capital reserve budget covering replaceable assets, expected life, and repair/replacement cost; Board sets required contribution accordingly (Section 10(f))

Pets

Yes, generally recognized household pets only (Section 14(h))

Leasing & rentals

Referenced in Table of Contents (Section 16, Leasing) but text not provided; cannot extract details. (Table of Contents)

Fences

Not explicitly detailed; fences are part of Common Elements (Section 5: "fences" listed as Common Element). Alteration likely requires ACC approval. (Section 5 (Common Elements include fence)

Architectural approval

Prior written approval required for any exterior change, alteration, construction (including painting and landscaping), encroachment, or erection of objects on Common Elements, Limited Common Elements, exterior, roof, windows. During Declar (Section 13(a),(b))

Home business

Ancillary business activities allowed if: not apparent from outside, no excessive visitation, legal, does not increase traffic, insurance premiums, or nuisance, and consistent with residential character (Section 14(a)(i)-(vii))

Signs & flags

Erection, placement, or posting of any object, sign, clothesline, speaker, playground equipment, light, fountain, flag, or thing on exterior or roof, in windows, on Limited Common Elements or Common Elements requires prior written approval (Section 13(a),(b); Section 14(d) (genera)

Maintenance

Roof is Common Element (Section 5). Association responsible for maintenance and repair. (Section 5 (roof included in Common Eleme)

Insurance

Deductible per occurrence for required coverage shall not exceed $1,000.00. (Section 11(a)(vi))

Use restrictions

Each Unit shall be used for residential purposes only; no trade or business of any kind may be conducted in or from a Unit except limited ancillary business activities meeting specified conditions (no external indication, low traffic, legal (Section 14(a))

Voting & meetings

Each Unit has one equally weighted vote; total vote is determined by number of Units (Section 7)

Amendments

Section 22 (Amendments) referenced in Table of Contents but text not provided. Changes to percentage of undivided interest in Common Elements require consent of all Owners and Mortgagees (Section 5). (Table of Contents; Section 5)

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