Druids Condo

Key facts from Druids Condo's documents

Reflects the 1986 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Page 1 'Condominium' and Section 1)

Legal name

Druids Condo

Units / lots

2 (initial), with potential for up to 8 additional units on additional property (total maximum 10) (Section 3: 'The Condominium initially co)

Governing law

Georgia Condominium Act (Sections 3, 7, 24, 25, 27, 28, 30 (refer)

Assessments & dues

Determined by Association monthly; no fixed amount (Section 24: 'assessments shall be made m)

Special assessments

Yes: common expenses benefitting less than all units specially assessed among benefitted units; expenses occasioned by conduct of occupant, licensee or invitee specially assessed against causing unit(s); expenses significantly disproportion (Section 7(b), (c), (d): 'Any common expe)

Collections & liens

Lien includes late fee, interest, collection costs, court costs, expenses of sale, expenses for protection and preservation of unit, reasonable attorney fees actually incurred, and fair rental value from institution of action until sale or (Section 24: 'the lien for assessments sh)

Reserves & fees

The Association shall maintain and include in monthly assessments appropriate reserves for operating funds, repairs, contingencies, capital improvements and other appropriate purposes. Also working capital fund for first 12 months. (Section 24: 'The Association shall maint)

Voting & meetings

Each unit owner entitled to cast one vote per square foot of floor area in that unit (Section 6: 'The owner of each unit shall)

Amendments

The Declaration of Easement may be modified or amended only by a written instrument signed by the then owners of the properties described in Exhibits A and B, and the holders of any mortgages or other security instruments affecting such par (Exhibit D, Section 8: 'The provisions of)

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