Pangborn Road

Key facts from Pangborn Road's documents

Community type

Covenant / Planned Community

Legal name

Pangborn Road Homeowners Association, Inc. (Section 1.3)

Developer / declarant

Capital Design & Construction, Inc. (Section 1.16 and preamble)

Governing law

Georgia Property Owners Association Act (POA Act) referenced in Section 14.1(b) and 6.6(c) (Section 14.1(b) and 6.6(c) (By-Laws amen)

Assessments & dues

Board prepares budget at least 30 days before fiscal year; General Assessments levied equally against all Homesites (Section 8.2)

Special assessments

Board may levy Special Assessments; no Owner vote required for insurance shortfall; also Specific Assessments for violation costs (Section 6.1(b) and 4.3)

Collections & liens

Association has lien on each Homesite for assessments, interest, late charges, costs, attorneys fees; superior except taxes and first mortgages; may be enforced by suit and judicial/nonjudicial foreclosure (Section 8.3)

Reserves & fees

Budget may include contribution to reserve fund (Section 8.2)

Use restrictions

Not explicitly stated; only rights to use subject to easements (Section 4.1)

Voting & meetings

Two classes: Class A (one vote per Homesite) and Class B (Declarant appoints majority of Board during Class B Control Period) (Section 3.2)

Amendments

By Declarant: unilateral for compliance, title insurance, lender requirements, scrivener error, and during Development Period for any purpose if no material adverse effect on Owner rights. By Members: unanimous vote/consent of all Owners as (Section 14.1(b) and 14.2)

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