Historic Decatur Condominium

Key facts from Historic Decatur Condominium's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title and Para 1: 'name of the condomini)

Developer / declarant

Decatur Town Flats, L.L.C., a Georgia limited liability company (Preamble before Para 1)

Governing law

Georgia Condominium Act, O.C.G.A. §44-3-70 et seq. (Para 1, Para 2(a))

Assessments & dues

Board prepares annual budget and assessment; becomes effective unless disapproved by majority vote at annual or special meeting; if quorum not obtained, budget effective (Para 10(d): 'It shall be the duty of the)

Special assessments

Board may levy special assessments; if average total special assessments in one fiscal year exceed $200 per Unit, must be approved by a majority of total Association vote before becoming effective (Para 10(e): 'Any special assessment...wh)

Collections & liens

Assessments are a continuing lien on the Unit and a personal obligation of the Owner; Association may institute suit to collect (Para 10(b): 'All such assessments...shal)

Reserves & fees

After Declarant control ends, Board may annually prepare capital reserve budget and set required capital reserve contribution (Para 10(f): 'After the expiration of the)

Pets

Yes, generally recognized household pets only (Para 14(h): 'No Owner or Occupant may ke)

Architectural approval

During Declarant control, Declarant must approve all exterior changes; after, an Architectural Control Committee (ACC) appointed by the Board must approve all exterior changes, alterations, constructions, encroachments onto Common Elements (Para 13(a) and (b))

Home business

Permitted if: not detectable from outside, no excessive visitation, legal and conforms to zoning, does not unreasonably increase traffic, does not increase insurance premiums, consistent with residential character, does not result in materi (Para 14(a)(i)-(vii))

Signs & flags

Prior written approval required for any object, sign, etc.; except a mezuzah or comparable religious symbol not longer than 3 inches in width and 9 inches in height may be posted on the door frame (Para 13(a) and (b): 'must receive the pr)

Insurance

Deductible amount per occurrence for coverage required by the Act shall not exceed $1,000 (Para 11(a)(vi): 'the deductible amount p)

Use restrictions

Each Unit shall be used for residential purposes only (Para 14(a): 'Each Unit shall be used for)

Voting & meetings

One (1) equally weighted vote per Unit (Para 7: 'the Owner or collective Owners )

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