Cedar Walk

Key facts from Cedar Walk's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Cedar Walk Homeowners Association, Inc.

Units / lots

43 (Phase I) (Description: lots 1-18, 52-60 (Block A) )

Developer / declarant

Benchmark/Cedar Grove, LLC (Declarant definition (page 2, end of Art)

Governing law

Georgia State Law (references implied) (Common Area liability (page 2) and FHA/V)

Assessments & dues

$120 per Lot until January 1, 2004 (Article IV Section 3 (page 7))

Collections & liens

Yes, assessments and fines become liens; subordinate to first mortgage; foreclosure extinguishes prior due amounts (Article IV Sections 1, 8, 9; Article V S)

Reserves & fees

Interest at 12% per annum from due date (Article IV Section 8 (page 10))

Parking & vehicles

Prohibited for more than 4 hours per natural day (except Declarant/Other Builder construction vehicles) (Article V Section 2(a) (page 12))

Architectural approval

Yes, for any building, fence, wall or other structure, or exterior change/alteration; plans to Board or Architectural Control Committee (Article V Section 1 (page 11))

Setbacks / home size

2000 square feet minimum (Article V Section 1 (page 12))

Use restrictions

Implied (homes constructed for residence; no explicit statement but context) (Definition of Owner (page 3) and minimum)

Voting & meetings

50% of all votes of each class (Article IV Section 5 (page 8))

Amendments

Within first 20 years, amendment requires 75% of Class A and 75% of Class B; thereafter same; must be recorded. Also FHA/VA may require amendments without member consent during Class B period. (Article VII Section 3 (page 19) and Sect)

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