Valley Brook Homeowners Association

Key facts from Valley Brook Homeowners Association's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Title: 'MANDATORY MEMBERSHIP HOMEOWNERS )

Governing law

Georgia Property Owners’ Association Act, O.C.G.A. § 44-3-220, et seq. (Preamble; Section 2.2)

Assessments & dues

Board prepares budget, delivers to members at least 30 days before due date; budget and general assessment become effective unless disapproved by majority of Total Association Vote at a duly called meeting; if disapproved or Board fails to (Section 4.3)

Special assessments

Unbudgeted/unanticipated expenses limited to amount of general assessment in one fiscal year without member vote; if greater, requires approval of two-thirds of Total Association Vote; payment terms set by Board. (Section 4.5)

Collections & liens

Automatic lien for unpaid assessments superior except for ad valorem taxes, first priority mortgages, and certain purchase money mortgages; Association may file claim of lien but not required; may foreclose after 60 days delinquency; may bi (Sections 4.2, 4.8)

Reserves & fees

Greater of $10.00 or 10% of amount due, or higher amount authorized by Act from time to time (Section 4.8)

Architectural approval

Plans and specifications must be submitted in writing to ARB; if ARB fails to approve or disapprove within 30 days after receipt of all required plans, approval deemed given; if construction does not commence within 12 months of approval, a (Section 6.2)

Home business

Allowed within dwelling so long as: not apparent by sight/sound/smell, does not increase traffic or parking, conforms to zoning, does not increase Association insurance, consistent with residential character, not a nuisance, does not threat (Section 7.2)

Use restrictions

Each Lot shall be used for residential purposes exclusively. No trade or business of any kind may be conducted in or from a Lot, except home business under conditions. (Section 7.2)

Voting & meetings

Each Lot entitled to one vote; if multiple owners, they determine how to vote; voting rights may be suspended for unpaid assessments or infractions of Declaration, Bylaws, rules. (Section 3.2)

Amendments

This Declaration was approved by majority of Owners of Lots (per Original Declaration Article 6) and by three-fifths of Members for Bylaws amendment. Specific amendment procedure for this Declaration not explicitly stated in provided text; (Recitals)

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