Durmont Place

Key facts from Durmont Place's documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Mandatory membership homeowners association, not submitted to Georgia Property Owners' Association Act, O.C.G.A. § 44-3-220 et seq., or Georgia Condominium Act, O.C.G.A. § 44-3-70 et seq. (Preamble)

Legal name

Dumont Place Townhome Association, Inc. (Section 1.4)

Developer / declarant

ASHTON ATLANTA RESIDENTIAL, L.L.C., a Georgia limited liability company (Opening paragraph)

Assessments & dues

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

Special assessments

Board may levy special assessment up to 25% of general assessment without vote; above 25% requires approval of two-thirds of Total Association Vote and Declarant (except for casualty losses under Section 9.3) (Section 4.5)

Collections & liens

Recording of Declaration constitutes record notice of lien; no further recording required; Association may foreclose lien; lien subordinate to first mortgage if assessments due prior to mortgage recordation have been paid (Sections 4.2(b), 4.7, 4.8)

Reserves & fees

Greater of $10.00 or 10% of assessment or installment not paid when due (Section 4.2(a))

Maintenance

Association: roof replacement only when Board determines necessary or if repair is result of casualty covered by Association's insurance (Section 5.2 table – Roof)

Voting & meetings

Owners entitled to one vote per Unit owned; when more than one owner, vote exercised as they advise Secretary; vote suspended for nonpayment or infraction (Section 3.2)

Amendments

Not detailed in provided text; Article 11.6 referenced in table of contents but text not provided (Table of contents – Article 11.6 Amendme)

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