Emory Row

Key facts from Emory Row's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Section 1: Name)

Developer / declarant

Lavista TH, LLC, a Georgia limited liability company (Preamble and Section 2(o))

Governing law

Georgia Condominium Act, O.C.G.A. Section 44-3-70 et seq. (Section 1; Section 2(a))

Assessments & dues

Board prepares budget at least 21 days before fiscal year; budget and assessment delivered to members at least 30 days before annual meeting; effective upon approval by Majority if increase does not exceed CPI (annual rate of inflation for (Section 11(d))

Special assessments

Board may levy special assessment if annual assessment inadequate; if average total special assessments in one fiscal year exceeds $1,000 per Unit (except as provided in Section 9(b) and 12(b)), must be approved by Majority of Owners. (Section 11(e))

Collections & liens

Assessments, charges, fines, interest, costs, and attorney's fees are a continuing lien on the Unit and personal obligation of Owner; lien priority as provided in Act; Association may foreclose lien in accordance with Act (Section 11(b), 11(c)(iv))

Reserves & fees

Board shall annually prepare a capital budget and set required capital contribution; contribution included in budget and assessment; copy of capital budget distributed to Owners with operating budget (Section 11(f))

Pets

Yes (Section 16(f))

Parking & vehicles

Trucks with load capacity of one ton or more are prohibited without prior written Board permission (Section 16(g))

Architectural approval

Yes, for all encroachments onto Common Elements or Limited Common Elements, exterior changes, alterations, construction (including painting and landscaping), and placement of objects, signs, etc. on exterior/roof/windows/Limited Common Elem (Sections 14(a), 14(b), 14(c))

Home business

Ancillary business activities allowed if: (A) authorized in writing by Board (or if satisfies all conditions), (B) not apparent by sight/sound/smell from exterior, (C) only residents and their employees conduct, (D) no visitation by busines (Section 16(a)(i))

Maintenance

The entire roof structure of each Unit is part of the Unit (Section 4(b)(i)), but the Common Elements also include the roof (Section 5(a)). Conflicting; likely unit owner responsible for roof structure, but Association responsible for commo (Sections 4(b)(i), 5(a))

Insurance

Deductible per occurrence for coverage required by Act shall not exceed $1,000.00 (Section 12(a)(vi))

Use restrictions

Each Unit shall be used for residential purposes only; no trade or business may be conducted from Unit or Condominium (Section 16(a)(i))

Voting & meetings

Each Owner entitled to one equally weighted vote per Unit; no Unit more than one vote (Section 8)

Amendments

Amendment to alter percentages of undivided interest in Common Elements requires consent of all Owners and Mortgagees (or such lesser number as may be prescribed by Act) expressed in duly recorded amendment. Assignment/reassignment of Limit (Sections 5, 6(b))

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