Saxon Place Townhomes

Key facts from Saxon Place Townhomes's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

planned townhome community with attached townhomes, not a condominium (Preamble and explicit disclaimer: 'THIS )

Developer / declarant

Saxon Place Development, LLC, a Georgia limited liability company (Opening paragraph of Declaration)

Governing law

Not subject to Georgia Condominium Act (O.C.G.A. §44-3-70 et seq.) nor Georgia Property Owners' Association Act (O.C.G.A. §44-3-220 et seq.) (Preamble (two disclaimers))

Special assessments

Approval by majority of Total Association Vote; payment schedule determined by Board (Article V, Section 4)

Collections & liens

All assessments, late charges, interest, and costs (including attorney's fees) are a continuing lien on the Lot; Association may file lien and foreclose; lien superior except taxes and first mortgages (Article V, Sections 2, 5, 6)

Reserves & fees

Budget may include capital contribution or reserve in accordance with a capital budget separately prepared (Article V, Section 3)

Pets

Yes, a reasonable number of generally recognized household pets (dogs, cats, birds, etc.) (Article IX, Section 9)

Insurance

If improvement not insured by blanket policy, Owner must carry individual policy at full replacement value; Owner must repair/reconstruct after loss (Article VI, Section 1)

Use restrictions

Each Lot shall be used for residential purposes only; no trade or business except permitted home business (Article IX, Section 2)

Voting & meetings

One equal vote per Lot; if multiple owners, vote cast as they decide; if not instructed and more than one tries to cast, vote suspended (Article III, Section 2)

Amendments

Not fully detailed in excerpt; referenced in Article XVI, Section 1 (text not provided) (Table of Contents and reference in Artic)

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