Creekside Manor HOA

Key facts from Creekside Manor HOA's documents

Reflects the 2012 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Creekside Manor

Governing law

Not subject to Georgia Property Owners' Association Act (O.C.G.A. §44-3-220 et seq.) (Page 5)

Assessments & dues

Set annually by Board; budget prepared at least 30 days before fiscal year; uniform rate for all Units subject to assessment (Section 8.3 (pages 19-20, BK 03948 Pg 02)

Special assessments

May be levied for unbudgeted or excess expenses; if exceeds amount of General Assessment in any fiscal year, requires majority of total Class A votes and Class B approval; Board may levy without vote for insurance shortfall (Section 8.5 (page 20, BK 03948 Pg 0289) )

Collections & liens

Association has lien for delinquent assessments, interest, late charges, collection costs, attorneys fees; superior except to taxes and first mortgage; may be foreclosed like a mortgage; Association may bid at sale (Section 8.7 (pages 20-21, BK 03948 Pg 02)

Reserves & fees

Board may prepare a reserve budget for replaceable assets; no obligation to establish; if established, capital contribution included in Common Expense budget; amount determined by business judgment deemed adequate (Section 8.4 (page 20, BK 03948 Pg 0288))

Leasing & rentals

Leasing allowed; no rule may prohibit leasing or require consent, but Association may require minimum lease term up to 12 months, use of approved lease forms, and reasonable administration fees (Section 10.4(g) (page 28, BK 03948 Pg 02)

Architectural approval

Reviewing body responds in writing within 30 days of submission; failure to respond results in deemed approval unless inconsistent with Standards; approval deemed withdrawn if construction not commenced within 120 days or not completed with (Section 9.3(b) (pages 23-24, BK 03948 Pg)

Signs & flags

Only one contractor sign during construction, one 'for sale' sign not exceeding 4 sq ft (subject to design criteria); mortgagee signs allowed with approval; association may adopt time/place/manner for religious/holiday displays (Section 10.4(b)(c) (page 27, BK 03948 Pg)

Insurance

Policies may contain reasonable deductible; deductible treated as Common Expense unless loss caused by negligence or willful misconduct of an Owner, then Board may levy Specific Assessment for full deductible against that Owner (Section 6.1(b) (page 15, BK 03948 Pg 028)

Use restrictions

Unit intended for use and occupancy as a residence for a single family (Section 1.23 (page 6-7, BK 03948 Pg 0276)

Voting & meetings

Two classes: Class A (all Owners except Class B) have one vote per Unit (but only one vote per Unit if multiple owners); Class B (Declarant) appoints majority of Board during control period (Section 3.3 (page 9-10, BK 03948 Pg 0278)

Amendments

Amendments under Section 15.2; not fully shown; Declarant has unilateral right to amend to withdraw property under Section 7.3; Board may amend as per Section 10.2 (use restrictions) etc. (Sections 7.3, 10.2, 15.2 (various pages))

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