Old Stone at Sourwood

Key facts from Old Stone at Sourwood's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Single-family residential homeowners association (Article I, Section 1.13 - Lot defined as)

Developer / declarant

MHC of Georgia, LLC (Preamble)

Governing law

Georgia Property Owners’ Association Act (Article XVI, Section 16.3)

Assessments & dues

Set annually by Board; not specified in declaration (Article VI, Section 6.4)

Special assessments

Board may levy; if total special assessments exceed $500 per Lot in a fiscal year, requires 2/3 vote of members and Declarant consent (if Declarant owns any Lot) (Article VI, Section 6.7)

Collections & liens

Assessments are a continuing lien on Lot and personal obligation; Association may sue after 60 days delinquency; may suspend utilities and parking; towing authority (Article VI, Sections 6.2, 6.11(d), 6.11()

Reserves & fees

Board may establish reserve account and fund from assessments (Article VI, Section 6.6)

Pets

Yes, reasonable number of household pets (Article VIII, Section 8.4)

Leasing & rentals

Yes, with requirements (Article IX) (Article IX (general))

Parking & vehicles

Not allowed unless Board adopts rules permitting temporary parking (Article VIII, Section 8.3)

Architectural approval

Yes, for any exterior change, alteration, modification, or construction on Lot or Common Property, except Declarant activities (Article VII, Section 7.1)

Home business

Ancillary business allowed if not apparent, no visits by employees/clients, conforms to zoning, no increased traffic, no insurance increase, consistent with residential character (Article VIII, Section 8.1)

Signs & flags

Only professional security signs (10" x 10") and one "For Sale" sign (2' x 2') per Lot allowed without approval; no "For Lease" or political signs without Board approval; Declarant/Approved Builder exempt (Article VIII, Section 8.12)

Insurance

Association shall obtain hazard insurance on Common Property (Article 13.1); liability and directors/officers liability insurance (Article 13.2) (Article XIII, Sections 13.1 and 13.2)

Use restrictions

Yes, each Lot shall be used for residential purposes only (Article VIII, Section 8.1)

Voting & meetings

One vote per Lot; entity members designate representative; voting suspended if delinquent >30 days (Article IV, Sections 4.1, 4.2, 4.3)

Amendments

Amendments require approval of 67% of total votes of Association membership and consent of Declarant (if Declarant owns any Lot); during Declarant control, Declarant may unilaterally amend with consent of any Approved Builder owning propert (Article III, Section 3.4; Article XVI, S)

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