Youngtown Residences

Key facts from Youngtown Residences's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

single-family, townhome (WHEREAS clause: "a residential single- f)

Legal name

Youngtown Residences

Developer / declarant

SR8 PROPERTIES, LLC, a Georgia limited liability company (Opening paragraph)

Governing law

Georgia Property Owners’ Association Act, O.C.G.A. § 44-3-220, et seq. (WHEREAS clause and Section 1.1(a))

Assessments & dues

Set by Board budget; first year amount in budget delivered to each purchaser (Section 6.2)

Reserves & fees

Association shall establish and maintain reserve fund for replacement of improvements, major repairs, insurance deductibles, start-up expenses, operating contingencies. (Section 6.4)

Leasing & rentals

Section 8.21 addresses Sale or Leasing (text not provided in excerpt). Also occupancy rules for entity owners may implicate leasing. (Table of Contents and Section 8.5 (entit)

Parking & vehicles

Section 8.9 addresses Motor Vehicles and Parking (text not provided in excerpt) (Table of Contents: "8.9 Motor Vehicles a)

Architectural approval

Yes, AERC approval required for any construction or repair affecting exterior appearance, including additions, fences, painting, etc. (Section 8.2)

Home business

Allowed with conditions: not apparent from outside, no extra traffic, conforms to zoning, does not increase insurance premium, consistent with residential character, not a nuisance, and no materially greater use of Common Areas. (Section 8.5)

Signs & flags

Section 8.13 addresses signs (text not provided in excerpt) (Table of Contents: "B13 SHONS" (likely S)

Maintenance

Association maintains all roof surfaces and portions above roof joists, including underdecking, sheathing, shingles, flashing, gutters, downspouts. (Section 5.1(c)(i))

Insurance

Deductible paid by person responsible for repair in absence of insurance; if multiple parties, apportioned by total repair cost. (Section 5.4)

Use restrictions

Each Lot restricted exclusively to single-family residential use (Section 8.5)

Voting & meetings

One vote per Lot; only one vote per Lot regardless of number of owners (Section 3.1)

Amendments

Article 10.1 addresses amendment (text not provided in excerpt) (Table of Contents: "10.1 Amendment")

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