Enclave at Druid Hills

Key facts from Enclave at Druid Hills's documents

Legal name

Enclave at Druid Hills Townhome Association, Inc. (Section 1.2)

Developer / declarant

CALATLANTIC GROUP, INC., a Delaware corporation, as successor-by-merger to THE RYLAND GROUP, INC. (Preamble and Section 1.8)

Governing law

Georgia Nonprofit Corporation Code O.C.G.A. §14-3-101 et seq. for board authority; expressly not subject to Georgia Property Owners' Association Act or Georgia Condominium Act (Preamble and Section 1.3)

Assessments & dues

Board prepares budget and delivers to members at least 30 days before due date; budget and general assessment become effective unless disapproved by majority of Total Association Vote and Declarant (Section 4.3)

Special assessments

May be levied by Board for unbudgeted/unanticipated expenses; if total special assessments per Unit in a fiscal year exceed the annual general assessment, requires approval of 2/3 of Total Association Vote and Declarant (Section 4.5)

Collections & liens

All assessments are a charge on the land and a continuing lien in favor of Association; recording of Declaration constitutes record notice; Association may foreclose lien and bid at sale (Sections 4.2 and 4.8)

Reserves & fees

General assessments may include establishment of reserve funds as Board shall deem proper (Section 4.4)

Voting & meetings

Each Unit entitled to one vote per Unit owned; vote may be exercised by owner or spouse; voting rights may be suspended for unpaid assessments or infractions (Section 3.2)

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