Walker Park Subdivision

Key facts from Walker Park Subdivision's documents

Community type

Covenant / Planned Community

Units / lots

Initial 6 (Units 24-29); additional may be annexed (Exhibit A, Article X)

Developer / declarant

Walker Park, Inc., a Georgia corporation (Preamble)

Governing law

Georgia Nonprofit Corporation Code (Article III, Section 3.01)

Assessments & dues

Set annually by Board to cover budget and reserves (Article IV, Section 4.04)

Special assessments

Allowed for capital improvements with 2/3 vote of members at meeting (Article IV, Section 4.05)

Collections & liens

Lien on Unit for unpaid assessments, superior to all except tax liens and first mortgages; foreclosure allowed (Article IV, Section 4.01)

Reserves & fees

Surplus may be carried forward; not required to reduce assessments (Article IV, Section 4.03)

Pets

Subject to restrictions (Article 6.17) (Article VI, Section 6.17)

Leasing & rentals

true, subject to notice and regulation (Article XI)

Architectural approval

true (Article V)

Use restrictions

true (Article VI, Section 6.03)

Voting & meetings

One vote per Unit (Article III, Section 3.03)

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