Windchase Condominium I

Key facts from Windchase Condominium I's documents

Reflects the 1985 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Windchase Condominium I

Units / lots

12 (initial), up to 48 after expansion (Exhibit D (12 units each 1/12 interest) )

Developer / declarant

U.S. HOME CORPORATION, a Delaware corporation (Preamble, Page 4)

Governing law

Georgia Condominium Act, Official Code of Ga. Ann. Chapter 44, Article 3, Section 70 et seq. (Preamble, Page 4-5)

Assessments & dues

Determined annually by Association (estimated aggregate common expenses) and allocated equally among Units (Section 4.05, Page 12)

Special assessments

Permitted for capital improvements with approval of more than 2/3 of Unit Owners present and proxy, and Declarant while Declarant owns Units; also for insufficient insurance proceeds for repair/reconstruction. (Section 4.04(i) and Section 5.05, Pages )

Collections & liens

Assessments (including interest, costs, late charges, attorney's fees) are a continuing lien on the Unit and personal obligation of the owner at time due. Extinguished if Association fails to provide statement within 5 business days of requ (Sections 4.01, 4.02, Article IX, Pages 1)

Reserves & fees

Association shall establish and maintain reserve fund for periodic maintenance, repair, replacement of Common Elements and for operating contingencies. (Section 4.04(h), Page 12)

Pets

Yes, dogs, cats, or other common household pets. (Section 6.06, Page 18)

Leasing & rentals

Yes, Unit Owner may lease Unit. (Section 6.08, Page 18)

Parking & vehicles

Parking only in designated areas on Common Elements. (Section 6.11, Page 19)

Architectural approval

Yes, prior written approval of Board of Directors required for exterior television/radio antennas, satellite dishes, awnings, shades, screens, any change to exterior appearance of building, and planting/gardening. (Sections 6.03, 6.05, Pages 18, 19)

Maintenance

Association: maintains and repairs Common Elements (including Limited Common Elements) at common expense. Unit Owner: maintains and repairs Unit at own cost, and responsible for damage to Common Elements caused by owner, family, negligence, (Section 2.07, Page 8)

Insurance

Casualty insurance (fire and extended coverage) at full replacement value for all structures and insurable improvements; liability insurance (no less than $500,000 per person, $1,000,000 per occurrence, $50,000 property damage); fidelity bo (Section 5.02, Pages 14-15)

Use restrictions

All Units restricted exclusively to residential use. Unit Owner may "do work at home" but may not run, operate, maintain, or control business from Unit. (Section 6.01, Page 17)

Voting & meetings

Each Unit has one vote in the Association (Section 2.02, Page 8; Section 3.07, Page)

Amendments

Pursuant to Section 44-3-93 of the Georgia Condominium Act and as otherwise provided in Declaration. (Section 8.03, Page 22)

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