Turners Cove Homeowners Association

Key facts from Turners Cove Homeowners Association's documents

Reflects the 1999 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Articles of Incorporation Article 1; Dec)

Units / lots

At least 69 Residential Units (threshold for Class A voting); exact total not stated (Declaration Section 3.3(a)(ii); no expli)

Developer / declarant

Turners Cove Development, LLC (Declaration, first page)

Governing law

Georgia Nonprofit Corporation Code and Georgia Property Owners' Association Act, O.C.G.A. § 44-3-220 et seq. (Articles Article 2; Declaration Section )

Assessments & dues

Initial monthly assessment $150 per Residential Unit (annual $1,800) (Declaration Section 5.4(a))

Special assessments

Requires affirmative vote of 67% or more of vote of those entitled to vote in all classes (Declaration Section 5.5)

Collections & liens

Unpaid assessment becomes a continuing lien on the unit; Association may foreclose; personal obligation also passes to successors (Declaration Section 5.8(a)-(b))

Reserves & fees

Interest at 18% per annum or highest legal rate; plus costs and attorney's fees (Declaration Section 5.8(b))

Pets

Yes, dogs, cats, and other household pets may be kept (Declaration Section 8.8)

Leasing & rentals

Yes (Declaration Section 8.12)

Maintenance

Association responsible for roof repair (part of exterior maintenance) (Declaration Section 4.4)

Insurance

Association obtains property insurance on Common Area (fire, extended coverage, vandalism, malicious mischief) for full replacement cost; liability insurance $1M/$3M (Declaration Sections 7.1 and 7.2)

Use restrictions

All Residential Units restricted exclusively for residential use (Declaration Section 8.5)

Voting & meetings

Two classes: Class A (unit owners) – nonvoting until Developer gives notice or 69 units sold, then 1 vote per unit; Class B (Developer) – full voting, 1 vote per unit owned; Developer's proxies do not automatically revoke (Declaration Section 3.3; Bylaws Article )

Amendments

Declaration: 67% vote of each class of membership; Bylaws: by Board or Members; Articles: same as Declaration (Declaration Section 8.4; Bylaws Article )

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