Fountain Crest (GA)

Key facts from Fountain Crest (GA)'s documents

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

Community type

Homeowners Association (Planned Community) (Name: Fountain Crest Homeowners Associat)

Legal name

Fountain Crest Homeowners Association, Inc.

Developer / declarant

Five Star Properties, GP (WHEREAS, Declaration recorded by Five St)

Governing law

Georgia Property Owners' Association Act, O.C.G.A. § 44-3-220 et seq. (WHEREAS paragraphs and new Article 12)

Special assessments

Board may levy specific assessments for common expenses benefiting less than all Lots, occasioned by conduct of less than all, or disproportionately benefiting all Lots. Cannot specially allocate periodic maintenance/repair/replacement that (Article 4, Section 4.5 (as amended))

Collections & liens

Lien includes sums assessed, late charges, interest, costs of collection (court costs, expenses of sale, protection/preservation, reasonable attorney's fees), and fair rental value from suit to sale. Lien superior except for ad valorem taxe (Article 4, Sections 4.2, 4.6, 4.7 (as am)

Reserves & fees

Greater of $10.00 or ten percent (10%) of the delinquent assessment or installment (or such higher amount as permitted by the Act) (Article 4, Section 4.2 (second sentence )

Voting & meetings

Association may suspend Owner's voting rights for violation of governing documents (Article 11, Section 11.1 (new sentence))

Amendments

Board of Directors adopted this amendment without vote of members; Declarant's consent right terminated. Amendment effective upon recordation. (WHEREAS and final paragraph of each amen)

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