Windermere

Key facts from Windermere's documents

Community type

Covenant / Planned Community

Legal name

Windermere

Governing law

Georgia Nonprofit Corporation Code, O.C.G.A. § 14-3-101 et seq. (Section 1.2)

Assessments & dues

Board prepares budget; budget and assessment become effective unless disapproved by majority of total association vote and Declarant; if disapproved, previous budget continues (Section 4.3, Pg 9)

Special assessments

Levy requires approval by two-thirds of total association vote and Declarant; Board determines payment terms (Section 4.4, Pg 10)

Collections & liens

Assessments are a continuing lien on the Lot; subordinated to first mortgages; Association may file notice of claim of lien (not required); may foreclose or sue for debt (Section 4.2, 4.6, 4.7)

Reserves & fees

General assessments may include establishment of reserve funds as Board deems proper (Section 4.3, Pg 10)

Pets

Dogs, cats or other usual and common household pets in reasonable number as determined by Board (Section 7.5, Pg 16)

Parking & vehicles

Prohibited (except special event with Board approval) (Section 7.4, Pg 15)

Architectural approval

If not approved or disapproved within 30 days after submission, approval deemed granted (Section 6.1, Pg 8)

Home business

Permitted if not apparent from exterior, does not increase traffic, conforms to zoning, does not affect insurance, consistent with residential character, not a nuisance, not hazardous, per Board discretion (Section 7.2, Pg 15)

Insurance

Reasonable deductible as determined by the Board of Directors (Section 8.1, Pg 13)

Use restrictions

Each Lot shall be used for residential purposes exclusively (Section 7.2, Pg 15)

Voting & meetings

One vote per Lot; membership appurtenant; one membership per Lot; vote suspended if more than one person seeks to exercise it (Article 3, Pg 8-9)

Amendments

Declarant may unilaterally amend for compliance, title insurance, lender requirements, etc.; also by vote of at least two-thirds of Owners and consent of Declarant; Board with Declarant consent may amend to elect POA Act (Section 11.6, Pg 23-24)

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