Chelsea Place (GA)

Key facts from Chelsea Place (GA)'s documents

Reflects the 1985 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (not a condominium) (Page 5: 'CHELSEA PLACE IS NOT A CONDOMIN)

Legal name

Chelsea Place Homeowners' Association, Inc. (Section 1.01(e): 'Association shall mean)

Units / lots

4 (initial) plus up to 7 additional = maximum 11 (Page 8: 'The Property shall contain four)

Assessments & dues

Board prepares annual budget; proposed annual assessments delivered to Owners at least 10 days prior to annual meeting; effective unless disapproved by Declarant (during control) or by majority vote of Owners (Section 9.03)

Special assessments

May be levied by Board; effective unless disapproved by Declarant (during control) or by majority vote of Owners; also permitted for insurance deficiencies without vote (Section 6.05) (Section 9.04 and Section 6.05)

Collections & liens

Assessments constitute a continuing lien on the Lot; Association may enforce through court costs and attorneys' fees (Section 9.02: 'shall be an equitable cha)

Reserves & fees

Budget includes capital contribution or reserve account (Section 9.03 (subsection viii): 'includi)

Pets

Yes, with restrictions (not fully readable) (Section 10.08: 'Pets')

Leasing & rentals

Allowed with notice to Association (Section 11.10: 'Notice of Sale, Lease Or)

Parking & vehicles

Prohibited on Lots or Common Areas (Section 10.11: 'Motor Vehicles, Trailers)

Architectural approval

Yes, Architectural Standards Committee or Board approval for any exterior change (Section 10.03: 'Architectural Approval' )

Signs & flags

Subject to Architectural Standards Committee approval; Declarant has easement for sales office signs (Section 3.10) (Section 10.07 (signs) and Section 3.10)

Maintenance

Owner responsibility (included in 'exterior roof surfaces') (Section 5.01: 'the maintenance, repair, )

Insurance

Allowed; amounts added to face amounts for determining full replacement cost (Section 6.01(e): 'All Property insurance)

Use restrictions

Lots restricted exclusively to single-family residential use (Section 2.01: 'The Lots shall be restric)

Voting & meetings

One vote per Lot (Section 4.01: 'each Lot shall have one ()

Amendments

Declarant may amend for certain purposes during control period (Section 11.01); Association amendments require vote of at least 2/3 of Owners and approval by Declarant during control (Section 11.02) (Sections 11.01 and 11.02)

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