Landings at Cave Springs

Key facts from Landings at Cave Springs's documents

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

Community type

single-family residential subdivision (WHEREAS: create a residential community )

Developer / declarant

ASHWORTH DEVELOPMENT CO., LLC

Governing law

Not submitted to Georgia Property Owner's Association Act (O.C.G.A. § 44-3-220 et seq.); governed by Georgia Nonprofit Corporation Code for Association (Doc 99228 p.1: 'does not submit this dev)

Assessments & dues

Not set; determined annually by Board budget process. (Section 4.3 (p.9-10))

Special assessments

Requires approval by two-thirds of total association vote and Declarant. (Section 4.4 (p.10))

Collections & liens

Unpaid assessments become a continuing lien on the Lot in favor of Association; personal obligation of Owner. Lien subordinate to first mortgages. Association may foreclose after 60 days delinquency and may file claim of lien but not requir (Section 4.2, 4.6, 4.7 (p.9-11))

Reserves & fees

Board may establish reserve funds as deemed proper. Initiation fee held in segregated account for unforeseen expenditures. (Section 4.3 (general assessments may inc)

Pets

Dogs, cats, other usual household pets in reasonable number as determined by Board. No animals, livestock, or poultry kept, bred, or permitted. No commercial purpose. (Section 7.5 (p.10))

Leasing & rentals

Leasing for residential occupancy is permitted and not considered business. (Section 7.2 (p.9))

Parking & vehicles

Subject to Board rules. Homes must have garage; carports not permitted. Vehicles defined include motor homes, boats, trailers, etc. No vehicle left more than 5 days if unlicensed or inoperable; may be removed by Board. (Section 7.4 (p.10))

Architectural approval

Yes. No exterior construction, alteration, addition without prior written approval from Declarant (until rights expire, then Board). Design guidelines may provide review fee. (Section 6 (p.14-15))

Home business

Permitted if (a) does not violate Declaration/Bylaws; (b) not apparent from exterior; (c) does not increase traffic/parking; (d) conforms to zoning; (e) does not increase Association insurance; (f) consistent with residential character; (g) (Section 7.2 (p.9-10))

Maintenance

Owner responsibility (Lot maintenance includes all structures). (Section 5.2: 'all maintenance of the Lot)

Insurance

Fire and extended coverage on insurable improvements Association maintains; public liability policy with combined single limit of at least $1,000,000; workers compensation if required; fidelity bond on directors/officers/employees handling (Section 8.1 (p.12-13))

Use restrictions

Each Lot shall be used for residential purposes exclusively. Leasing for residential occupancy not considered business. (Section 7.2 (p.9))

Voting & meetings

One vote per Lot owned. Membership in Association per Lot. Spouse may exercise rights but no more than one office per Lot. Vote suspended if more than one person seeks to exercise it. Vote may be suspended for delinquent assessments or infr (Article 3 (p.9); Section 4.7; Section 10)

Amendments

Declarant may unilaterally amend for compliance, title insurance, lender requirements, or governmental insurance (Section 11.6 a-c); also for any other purpose if not materially adversely affecting Owners' rights or title. Amendment require (Section 11.6 (p.17-18))

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