Northpoint Forest Homeowners Association, Inc.

Key facts from Northpoint Forest Homeowners Association, Inc.'s documents

Community type

HOA (Homeowners Association) (Definition of Association in Section 1.2)

Developer / declarant

NORTHPOINT FOREST, LLC, a Georgia limited liability company (Preamble)

Governing law

Does not submit to Georgia Property Owners' Association Act, O.C.G.A. §44-3-220 et seq. (Page i top)

Assessments & dues

Board prepares budget; general assessment levied equally on all Lots; budget effective unless disapproved by majority of Total Association Vote and Declarant (Section 4.3)

Special assessments

May be levied for unbudgeted or unanticipated expenses; if total special assessments per Lot in a fiscal year exceed annual general assessment, requires approval of 2/3 Total Association Vote and Declarant (except for insurance damage per S (Section 4.5)

Reserves & fees

Greater of $10 or 10% of unpaid assessment or installment not paid when due; applies after 10 days delinquency (Sections 4.2, 4.8)

Voting & meetings

One vote per Lot owned; multiple owners must determine how to vote; vote suspended for unpaid assessments or infractions (Section 3.2)

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