Benchmark Limited

Key facts from Benchmark Limited's documents

Community type

Covenant / Planned Community

Developer / declarant

BENCHMARK UNITED, INC., a Georgia corporation (Preamble)

Governing law

Not subject to Georgia Property Owner's Association Act, O.C.G.A. § 44-3-220 et seq. (Cover page)

Assessments & dues

Initial annual general assessment at least $300 (Section 4.3)

Special assessments

Requires approval by two-thirds (2/3) of Total Association Vote and consent of Declarant (Section 4.5)

Collections & liens

Assessment is a continuing lien on the Lot; Association may foreclose; lien subordinate to first mortgages (Sections 4.2, 4.7, 4.8)

Reserves & fees

Board may include capital contribution or reserve in budget (Section 4.3)

Pets

Dogs, cats, other usual household pets in reasonable number as determined by Board; no commercial breeding; no exterior pens (Section 7.6)

Leasing & rentals

Yes, for residential purposes (Section 7.5)

Parking & vehicles

Recreational vehicles, motor homes, boats, etc. stored in Community except in garage or designated area for >24 hours considered nuisance and may be removed (Section 7.4)

Architectural approval

Required for any exterior construction, alteration, or addition except interior work, repainting with original colors, and rebuild per original plans (Section 6.1)

Home business

Allowed if not apparent from exterior, not unduly increase traffic, conforms to zoning, not increase insurance, etc., as determined by Board (Section 7.2)

Maintenance

Association maintains Common Property; Owner maintains Lot and structures; Association may perform maintenance if Owner fails after notice and charge as specific assessment (Sections 5.1, 5.2)

Use restrictions

Each Lot shall be used for residential purposes exclusively (Section 7.2)

Voting & meetings

Each Lot has one vote; Declarant has three votes per Lot owned; multiple owners must determine vote; if not, vote suspended (Article 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.