Bridlewood Townhomes Traton

Key facts from Bridlewood Townhomes Traton's documents

Community type

townhome community (Title: Bridlewood Townhomes)

Legal name

Bridlewood Townhomes Association, Inc. (Article I Section 2: 'Association means )

Developer / declarant

Traton, LLC

Governing law

Georgia Nonprofit Corporation Code (Article I Section 2: 'a non-profit corpo)

Assessments & dues

Maximum monthly assessment determined by Board until January 1 following first Lot conveyance; thereafter can increase up to 10% per year without membership vote; above 10% requires 2/3 vote of each class. (Article IV Section 3)

Special assessments

May be levied for capital improvements with assent of 2/3 of votes of each class. Notice 30-60 days before meeting. (Article IV Sections 4 and 5)

Reserves & fees

Greater of $10.00 or 10% of unpaid assessment. (Article IV Section 8: 'a late charge in )

Pets

Yes, as household pets and not for commercial purposes. (Article VI Section 11: 'No animals...may)

Parking & vehicles

Prohibited: 'Owners and occupants are prohibited from parking on ... along the roadways of the Community.' (Article VI Section 7: 'prohibited from p)

Architectural approval

ACC shall act on plans within 30 days of receipt; failure to act within 30 days deemed approval. (Article V Section 9: 'The ACC shall take)

Home business

Permitted if does not create regular customer, client or employee traffic. Use for business meetings, entertainment, or enjoyment of Owner's employees, trustees, etc. allowed under same condition. (Article VI Section 1: 'The use of a port)

Signs & flags

One sign in support of a political candidate per candidate, max 3 sq ft, not closer than 5 ft from adjacent Owner's property. (Article VI Section 5(c))

Use restrictions

All Lots restricted exclusively to single-family residential use. (Article VI Section 1: 'All Lots shall be)

Voting & meetings

Two classes: Class A (Owners) one vote per Lot; Class B (Declarant) three votes per Lot. Class B ceases upon 100% lots sold to residents, 15 years from Declaration, or Declarant's discretion. (Article III Section 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.