Princeton Subdivision / Princeton Homeowners' Association, Inc.

Key facts from Princeton Subdivision / Princeton Homeowners' Association, Inc.'s documents

Reflects the 2009 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Princeton Homeowners' Association, Inc., a Georgia nonprofit membership corporation ([[DOC 15116: bylaws]] ARTICLE I Section )

Legal name

Princeton Homeowners' Association, Inc.

Developer / declarant

Developer initially; Princeton Homeowners Association created to continue privileges, duties and obligations of the Developer ([[DOC 15112: ccr]] 'Princeton Homeowners)

Assessments & dues

Association empowered to assess each lot owner fees and assessments as established and determined necessary by the Association ([[DOC 15112: ccr]] 'Princeton Homeowners)

Collections & liens

All fees and assessments owed by lot owner constitute a lien against the property, inferior to security interests held merely for performance of an obligation ([[DOC 15112: ccr]] 'Princeton Homeowners)

Reserves & fees

Association has right to charge a handling fee for lien/payment information provided to prospective purchasers ([[DOC 15112: ccr]] 'Princeton Homeowners)

Leasing & rentals

Property owners who rent or lease or allow occupancy are subject to membership in the Association ([[DOC 15112: ccr]] 'Princeton Homeowners)

Parking & vehicles

Street overnight parking or daytime parking not allowed for more than 48 hours ([[DOC 15112: ccr]] Section 27)

Maintenance

Owners responsible for maintaining property clean, grass cut/trimmed on both sides of sidewalk, sidewalks free of encroachment ([[DOC 15112: ccr]] Section 13)

Insurance

Association carries insurance on common grounds and insurance for Association officers ([[DOC 15112: ccr]] 'Princeton Homeowners)

Use restrictions

Lots for family residences only; no building used as school, church, kindergarten, daycare, or any usage other than personal residential use ([[DOC 15112: ccr]] Sections 3, 5; [[DOC )

Voting & meetings

Membership conveyed with purchase of each lot constitutes one vote ([[DOC 15112: ccr]] 'Princeton Homeowners)

Amendments

Covenants may be modified by majority vote of 55% of eligible members, effective only upon recording in Office of Clerk of Superior Court of Hall County, Georgia ([[DOC 15112: ccr]] 'Term' section)

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