Goldtree

Key facts from Goldtree's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

Panola Ridge Homeowners Association, Inc. (Section 1.1)

Developer / declarant

Goldtree Properties, 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. (Preamble (before Article 1))

Reserves & fees

Board may establish reserve funds as deemed proper (Section 4.3)

Pets

Dogs, cats, other usual and common household pets in reasonable number as determined by Board; no livestock, poultry; no commercial breeding (Section 7.5)

Leasing & rentals

Leasing for residential occupancy permitted and not considered business (Section 7.2)

Home business

Allowed if conducted within house, not apparent from exterior, does not increase traffic/parking, conforms to zoning, does not increase Association insurance, is consistent with residential character, not a nuisance, does not threaten secur (Section 7.2)

Insurance

Each Owner must carry casualty insurance on Lot and structures (all risk) and liability policy; must be in effect at all times (Section 8.2)

Use restrictions

Each Lot shall be used for residential purposes exclusively; leasing for residential occupancy not considered business (Section 7.2)

Voting & meetings

One vote per Lot; only record owners hold membership; vote may be exercised by member or spouse but only one office per Lot; more than one person on a Lot determines vote among themselves and advises Secretary; vote suspended if more than o (Article 3)

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