Campus 244

Key facts from Campus 244's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Master Condominium (Title and Article 1: The name of the Mas)

Units / lots

3 (initially: Hotel Master Unit, Phase I Office Master Unit, Retail Master Unit) (Section 4.1: The Master Condominium shal)

Developer / declarant

Georgetown Perimeter I, LLC, a Delaware limited liability company (Opening paragraph and Section 2.15)

Governing law

Georgia Condominium Act, O.C.G.A. §44-3-70 et seq. (Article 1 and Section 2.1: "Act" shall m)

Assessments & dues

Board of Directors prepares a budget listing estimated Common Expenses for the fiscal year, delivers to Owners at least 15 days before fiscal year, and assessments become effective on first day of next fiscal year. (Section 10.6: For each fiscal year, the )

Special assessments

Board may levy special assessments against Master Units. Any special assessment causing total special assessments in one fiscal year to exceed one-sixth of the annual assessment per Master Unit must be approved by a Majority of Owners. (Section 8.2 and Section 10.9: Except for)

Collections & liens

All assessments, together with charges, interest, costs and reasonable attorneys' fees, shall be a charge on the Master Unit and a continuing lien. Master Association may foreclose upon the lien. (Section 10.2: All such assessments... sh)

Reserves & fees

Board annually prepares a capital reserve budget; may set capital reserve contribution included in assessment. (Section 10.10: The Board of Directors sh)

Voting & meetings

Each Owner of a Master Unit has one (1) weighted vote equal to the undivided percentage interests in the Common Elements as shown on Exhibit C. (Article 7: Each Owner of a Master Unit s)

Amendments

Not fully detailed in provided text; Article 23 referenced but not included. Exhibit D may not be amended except upon showing of measurable, objective criteria (Section 8.2.1). (Section 8.2.1: Notwithstanding Article 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.