Briarwood Assoc Partn

Key facts from Briarwood Assoc Partn's documents

Reflects the 1980 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Briarwood Condominium Association, Inc.

Units / lots

50 residential units (Section 4)

Developer / declarant

Briarwood Associates, a Georgia limited partnership

Governing law

Georgia Condominium Act, 1975, as amended (Ga. Code Ann. § 85-1601e et seq.) (Preamble)

Assessments & dues

Equal share of common expenses assessed in accordance with the By-Laws (Section 11(a): 'The owner of each unit .)

Special assessments

Allowed for unusual and non-recurring Common Expenses excluding normal maintenance; may be specially assessed equitably among benefiting units or units causing expense (Section 11(a)(i)-(iii))

Collections & liens

All assessments from due date constitute a lien on the unit. First mortgagee taking possession via foreclosure or deed in lieu takes free of claims accruing prior to possession, except for pro-rata reallocation. Lien may include late charge (Section 11(b))

Reserves & fees

Surplus from common profits may be added to a reserve for maintenance, repair, and replacement of common elements or other reserves as determined by Association (Section 11(c))

Leasing & rentals

Yes, subject to written leases and Board rules; tenant must abide by Condominium Instruments; failure grounds for eviction; Association may evict on owner's behalf (Section 8)

Home business

Prohibited: 'no business shall be maintained or conducted in or from any unit.' (Section 14)

Use restrictions

Units shall be occupied and used only as private residences for owners, families, tenants, invitees, and guests; no other purpose (Section 14: 'The Condominium is formed f)

Voting & meetings

One vote per unit (Section 10: 'The owner of each unit ... )

Amendments

Amendment requires agreement of owners of units to which two-thirds (2/3) of votes appertain; or Declarant may amend to correct scrivener's errors, conflicts with Act, etc. until Declarant control period expires; must comply with Act and be (Section 15)

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