Stone Gate Cottages

Key facts from Stone Gate Cottages's documents

Community type

Condominium (Title page: 'Stone Gate Cottages, A Cond)

Legal name

Stone Gate Cottages Condominium Association, Inc. (Definitions (f): 'Association shall mean)

Governing law

Georgia Condominium Act, O.C.G.A. §44-3-70 et seq. (Paragraph 1: 'submitted by Declarant to )

Assessments & dues

Board prepares budget at least 21 days before annual meeting; becomes effective unless disapproved by majority vote at annual meeting. If budget disapproved, previous year's budget continues. (Paragraph 10(d): 'Board at least twenty-)

Special assessments

Board may levy special assessment; if average total in one fiscal year exceeds $200 per Unit, must be approved by majority of total Association vote. Also Board may specially assess for expenses benefiting less than all units or caused by c (Paragraph 10(e); Paragraph 8(b): 'Board )

Collections & liens

Assessments, charges, interest, costs, attorney's fees, and if Board elects, rents, constitute a continuing lien on the Unit. Lien priority as provided in Act. Personal obligation of owner. (Paragraph 10(b): 'All such assessments .)

Reserves & fees

After Declarant control expires, Board must annually prepare capital reserve budget and set required contribution. Not required during Declarant control. (Paragraph 10(f): 'After the expiration o)

Pets

Pets are allowed but no pets in common elements except for designated dog walk area, if any. Count, breed, size not specified in excerpt. (Paragraph 14(d): 'No pets are allowed in)

Fences

Not explicitly addressed in excerpt; general requirement for prior approval for any exterior change/construction. (Fences would likely require ACC approval)

Architectural approval

Yes, during Declarant control, Declarant approves. After, ACC appointed by Board must approve any exterior changes, alterations, construction (including painting, landscaping), and any structural interior modifications or alterations affect (Paragraph 13(a) and (b): 'all encroachme)

Insurance

Deductible per occurrence not to exceed $1,000. In event of loss, deductible considered maintenance expense; apportioned equitably by Board among affected parties; no Owner assigned more than $1,000 per occurrence for deductible under requi (Paragraph 11(i): 'the deductible amount )

Use restrictions

Yes, each Unit shall be used for residential purposes only. Home businesses allowed with conditions (no visible operation, no greater traffic, etc.). (Paragraph 14(a): 'Each Unit shall be use)

Voting & meetings

One equally weighted vote per Unit (Paragraph 7: 'the Owner or collective Ow)

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