Slater Crossing Prestley Salter

Key facts from Slater Crossing Prestley Salter's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Single family residential (Article VI Section 6.03)

Legal name

Stonegate Homeowners Association, Inc. (Article I, Section 1.03)

Developer / declarant

Prestley Salter Partners, Inc. (a Georgia corporation) or TRS Holdings, Inc. (per definition) (First paragraph after recitals; Article )

Governing law

Georgia Nonprofit Corporation Code (Article I Section 1.03; Article III Sect)

Assessments & dues

Initial maximum assessment to be set by Board; not specified in declaration. (Article IV Section 4.04(c))

Special assessments

Permitted for working capital (2 months' estimated regular assessment) and for capital improvements (needs 2/3 vote of each class). (Article IV Section 4.05)

Collections & liens

Yes; lien for assessments superior to all but taxes, prior mortgages, and first/second mortgages. Foreclosure by action, judgment, and sale. (Article IV Sections 4.01 and 4.07(d))

Reserves & fees

Permitted; Board may establish reserve fund for periodic maintenance, repair, replacement. (Article IV Section 4.04(d))

Pets

Dogs, cats, and other household pets allowed but not for commercial purposes; no livestock, poultry, or reptiles (Section 6.23)

Leasing & rentals

Leasing addressed in Article X; lessee must comply, and owner must provide lease provisions. No explicit prohibition. (Article X (table of contents; text trunc)

Parking & vehicles

Adequate off-street parking required per Design Standards. No on-street parking prohibition specified. (Article V Section 5.05(vi))

Architectural approval

Yes; ACC approval required for any Structure or exterior alteration. (Article V Sections 5.06 and 5.02)

Signs & flags

Subject to ACC approval; not detailed. (Article VII (table of contents))

Setbacks / home size

Referenced in table of contents but not detailed in available text. (Article VII (table of contents))

Maintenance

Owners maintain Lots and Structures; Association maintains Common Property. (Article VI Section 6.02; Article IV Sect)

Use restrictions

Lots may be used for single family residential purposes only, except Declarant may use for marketing. (Article VI Section 6.03)

Voting & meetings

Two classes: Class A (1 vote per Lot) and Class B (Declarant, 3 votes per Lot owned, but not less than total Class A +1). (Article III Section 3.03)

Amendments

Declaration amendment: Article IX Section 9.02 (amendment by vote of members? Not fully visible). Also Article XII Section 12.07 allows Board to amend Article XII to meet FHA/VA requirements. (Article IX (table); Article XII Section )

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