Georgetown Atlanta Assoc Partn

Key facts from Georgetown Atlanta Assoc Partn's documents

Reflects the 1980 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Georgetown Atlanta Condominium Association, Inc., a non-profit Georgia corporation (Art. I, (a))

Units / lots

333 units (Art. III, first paragraph)

Developer / declarant

Georgetown Atlanta Associates

Governing law

Georgia Condominium Act (Chapter 85-16E of the Code of Georgia, Georgia Laws 1975, pages 609-671) (Art. I, first paragraph)

Assessments & dues

Board of Directors estimates total common expenses and assesses unit owners according to their percentage of undivided interest in common elements (Art. VI, Sec. 2(a))

Special assessments

Capital improvement special assessment limited to $50 per unit per year unless approved by majority of unit owners (excluding Declarant) and Declarant if it owns a unit (Art. VI, Sec. 3)

Reserves & fees

Establishment and maintenance of one or more reasonable reserve funds for maintenance, repair, replacement of common elements, unforeseen contingencies, deficiencies from unpaid assessments, emergency expenditures (Art. VI, Sec. 2(a)(vi))

Voting & meetings

More than one-third (1/3rd) of the votes present in person or by proxy at beginning of meeting (Art. VII, Sec. 2)

Amenities

Swimming pool, tennis courts, club house, recreation areas, paved parking areas (Art. III, first paragraph)

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