Mercer Lofts Atlanta Condominium

Key facts from Mercer Lofts Atlanta Condominium's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title)

Legal name

MERCER LOFTS ATLANTA CONDOMINIUM ASSOCIATION, INC. (Section 2.7)

Developer / declarant

MERCER LOFTS ATLANTA, LLC (Preamble)

Governing law

Georgia Condominium Act, O.C.G.A. § 44-3-70 et seq. (Recitals)

Special assessments

Board may levy special assessment to cover unbudgeted or excess expenses, allocated per Section 6.3 (Section 8.5)

Reserves & fees

Greater of $10.00 or 10% of unpaid amount (Section 8.3(a))

Leasing & rentals

Article 13 (Leasing) exists but content not provided in text (Table of Contents)

Use restrictions

Units are for purposes of University Unit and Commercial Unit; no general residential use restriction stated; alterations subject to Article 11; noise, nuisance, trash prohibited (Articles 12.4, 12.5) (Article 12)

Voting & meetings

Each Owner entitled to one vote per Unit (Section 6.2)

Amendments

See Section 18.4 (details not fully legible but likely requires unanimous consent given two-unit structure) (Section 18.4)

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