Legacy Park Villas Dr Horton

Key facts from Legacy Park Villas Dr Horton's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association – single-family residences; expressly not a condominium and not submitted to Georgia Property Owners' Association Act (Preamble and Section 1.24)

Legal name

Legacy Park Villas Homeowners Association, Inc. (Section 1.3)

Developer / declarant

D. R. Horton, Inc., a Delaware corporation (Recital and Section 1.10)

Governing law

Not subject to Georgia Condominium Act (O.C.G.A. 44-3-70 et seq.) nor Georgia Property Owners' Association Act (O.C.G.A. 44-3-220 et seq.) (Preamble (page 1))

Assessments & dues

Board computes budget and levies General Assessment; Common Expenses shared equally by all Units (Section 1.7, 8.3) (Section 8.3, Section 1.7)

Special assessments

Allowed (Section 8.5); Board may levy without vote if insurance proceeds insufficient (Section 6.1(c)) (Section 8.5, Section 6.1(c))

Collections & liens

Assessments are a continuing lien on each Unit; personal obligation of Owner. No further recordation required. Foreclosure procedures not detailed. (Section 8.1(b), Section 8.7)

Reserves & fees

Reserve budget and capital contribution required (Section 8.4) (Section 8.4)

Leasing & rentals

Implicitly allowed (reference to lessees in Section 2.1; Owner may assign rights to lessee) (Section 2.1: "An Owner who leases his or)

Parking & vehicles

Vehicle towing allowed after notice (Section 4.3) (Section 4.3: "vehicles may be towed afte)

Fences

Fences allowed only if installed by Declarant or approved per Article IX (Section 5.3(iii)); a Fence Easement exists (Section 11.9) (Section 5.3(iii), Section 11.9)

Architectural approval

Yes – Architectural Review Committee (ARC) approval required for any improvements, changes (Article IX) (Section 9.1, 9.2)

Signs & flags

Association maintains signage on Common Area; signs on Units likely subject to ARC approval (Section 5.1(a)(i), Article IX)

Maintenance

Owner (Section 5.2 includes periodic painting and pressure washing; roof is part of residential dwelling) (Section 5.2)

Insurance

Treated as Common Expense unless loss due to Owner negligence or willful misconduct – then Specific Assessment (Section 6.1(b)) (Section 6.1(b))

Use restrictions

Each Unit is for single-family residence (Section 1.24) (Section 1.24)

Voting & meetings

Two classes: Class A (all Owners except Declarant) – one vote per Unit; Class B (Declarant) – one vote per Unit owned. Voting rights may be suspended for nonpayment or infraction. (Section 3.3)

Amendments

Declaration may be amended by vote of 67% of total votes and Declarant consent until rights terminated (Section 15.2 (not fully shown, but menti)

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