Heritage Lofts of Chamblee Condominium

Key facts from Heritage Lofts of Chamblee Condominium's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (1. NAME)

Units / lots

16 Residential Units and at least one Commercial Unit (Section 4: 'The Condominium will be divi)

Developer / declarant

Gilmer Development I, Inc., a Georgia corporation (Opening: 'THIS DECLARATION is made...by )

Governing law

Georgia Condominium Act, O.C.G.A. § 44-3-70 et seq. (1991 and Supp. 2002) (Section 1: 'submitted by Declarant to th)

Assessments & dues

Board prepares budget at least 21 days before annual meeting; approved by majority of total eligible Association vote; if disapproved, prior year budget continues (10. ASSESSMENTS (d))

Collections & liens

Assessments create continuing lien and personal obligation; can sue, suspend voting and common element use (not ingress/egress); after 30 days delinquency and final judgment of $750+, may suspend utilities paid as common expense (10. ASSESSMENTS (b) and (c)(iv),(v))

Reserves & fees

Capital reserve budget prepared annually; contributions included in assessment (Section 10(f): 'The Board of Directors s)

Pets

Reasonable number of household pets in Residential Units; no pets in Commercial Units (14. USE RESTRICTIONS (h))

Parking & vehicles

Each Residential Unit at least one assigned parking space as Limited Common Element; Commercial Units parking in Parking Area (leased); Declarant may sell additional spaces (14. USE RESTRICTIONS (i) and 6. LIMITED )

Architectural approval

ACC approval required for any exterior change, encroachment, alteration; during Declarant control, Declarant acts as ACC (13. ARCHITECTURAL CONTROLS (a),(b))

Home business

Ancillary business allowed if not apparent, no excessive traffic, legal, consistent with residential character (14. USE RESTRICTIONS (a)(i)(A)-(G))

Maintenance

Association maintains Common Elements; Owner maintains interior of Unit and assigned Limited Common Elements (General provisions and 5. COMMON ELEMENT)

Insurance

Deductible is maintenance expense; if loss affects multiple, apportioned by Board; per occurrence max assigned to any owner: $1,000 or higher as per Act (11. INSURANCE (i))

Use restrictions

Residential Units for residential purposes only; home business allowed with conditions (14. USE RESTRICTIONS (a)(i))

Voting & meetings

Each Residential Unit: 1 vote; each Commercial Unit: 2 votes (Section 7: 'the Owner...of each Resident)

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