Groovers Lake

Key facts from Groovers Lake's documents

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

Community type

homeowners association (Recreation Association, Inc., a Georgia )

Legal name

Groover's Lake Recreation Association, Inc.

Developer / declarant

Talmadge Ridge, LLC

Governing law

Georgia Property Owners' Association Act, O.C.G.A. §44-3-220 et seq. (Article 11, page 7; also Section 1.19)

Assessments & dues

Board has power to levy specific assessments for common expenses benefiting less than all lots, occasioned by conduct of certain lots, or disproportionately benefiting all lots; also fines and owner-responsible maintenance costs become spec (Section 4.6 (page 4))

Special assessments

Yes, specific assessments may be levied by the Board for common expenses benefiting less than all lots, for conduct of less than all occupants, or for disproportionately benefiting lots; also fines and maintenance costs are specific assessm (Section 4.6 (page 4))

Collections & liens

Assessments, fines, and other charges constitute a lien in favor of Association on the Lot. Lien prior and superior except ad valorem taxes, first priority mortgage, and secondary purchase money mortgage (grantee not seller). Foreclosure by (Section 4.2 (pages 2-3); Section 4.8 (pa)

Reserves & fees

Greater of $10.00 or 10% of delinquent amount (or higher as permitted by Act) (Section 4.8 (page 5): late charge, equal)

Voting & meetings

Exists; may be suspended for non-payment of assessments or violation of governing documents (Section 4.8 (page 5): suspension of memb)

Amendments

This Amendment was adopted by Board of Directors in accordance with Article 10, Section 10.6 of the Declaration (which allows amendment to elect to be governed by Act without vote of members) and Article 6, Section 6.4 of the Bylaws. (Recitals (page 1))

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