Club Commons Assn

Key facts from Club Commons Assn's documents

Reflects the 1982 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

THE CLUB COMMONS ASSOCIATION, INC.

Governing law

Georgia Non-Profit Corporation Code (Ga. Code Ann. §22-2102) (Article II, Section 2.01)

Assessments & dues

Board of Directors prepares budget at least annually and at least 30 days in advance of assessment date, determines common expenses, and allocates assessments equally among members (Section 6.01)

Special assessments

Board shall levy special assessments for costs of construction, reconstruction, unexpected repair, or replacement of common properties (walls, fencing, landscaping, etc.) (Section 6.03)

Collections & liens

Association has a lien for unpaid assessments; may foreclose in same manner as liens for improvement of real property; lien subordinate to institutional first mortgages; sale or transfer by mortgagee relieves lot from prior assessments but (Sections 6.06, 6.08, 6.09)

Reserves & fees

Common expenses include amounts for working capital, reserve fund for replacements, and sums to make up any deficit in common expenses for prior year (Section 6.01(d))

Maintenance

Owner maintains lot and improvements; Association maintains common properties (including walls, fences, shrubbery, lawns, etc. within common properties) (Sections 6.10, 3.02(a), 2.05)

Insurance

Association may obtain insurance on common properties and comprehensive general liability insurance including errors and omissions, protective liability, blanket contractual, personal injury, automotive, and cross-liability; amounts determi (Sections 9.01, 9.02)

Voting & meetings

One vote per lot; if multiple owners cannot agree, each has fractional vote based on ownership share (Section 3.09)

Amendments

By-Laws may be altered, amended, or added to by majority vote of members; but any provision requiring unanimous vote cannot be amended without consent of all members (Section 13.01)

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