Historic Glendale Condominium

Key facts from Historic Glendale Condominium's documents

Reflects the 2014 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article 1: 'the name of the condominium )

Legal name

Historic Glendale Condominium Association, Inc. (Section 2.7)

Developer / declarant

Lifespan Property Management, LLC, a Georgia limited liability company, and R.N. Garnitz, an individual resident of the State of Georgia, their successors and assigns (Section 2.14)

Governing law

Georgia Condominium Act, O.C.G.A. §44-3-70 et seq. (Article 1, first paragraph)

Assessments & dues

Board prepares budget at least 21 days before annual meeting; assessment effective unless disapproved by Majority of Total Association Vote at annual or special meeting (Section 10.4)

Special assessments

allowed (Section 10.5)

Collections & liens

Assessments are a continuing lien on the Unit and personal obligation of Owner; Association may suspend water, electricity, etc. if judgment(s) > $750 (Section 10.2 and 10.3(e))

Reserves & fees

Capital reserve budget annually prepared; required capital reserve contribution set by Board and included in budget (Section 10.6)

Leasing & rentals

Yes, with restrictions; Leasing Permits and Hardship Leasing provisions exist (Article 15, Sections 15.2 and 15.3)

Parking & vehicles

Units 103 and 107 each initially assigned one parking space as Limited Common Elements; Unit 111 not assigned; Board may assign/reassign (Section 6.1(e) and 6.2)

Architectural approval

yes, during Declarant Control Period by Declarant; after by ACC appointed by Board (Sections 13.1, 13.2)

Signs & flags

Governed by Section 13.4 (Section 13.4)

Maintenance

Article 17: Owner responsible per Section 17.1, Association responsible per Section 17.2 (Table of Contents, Article 17)

Insurance

deductible treated as maintenance expense; if affects multiple Units, apportioned equitably by Board; per occurrence deductible for owner not to exceed $2,500 (Section 11.9)

Voting & meetings

One weighted vote per Unit; weight set forth in Exhibit B (Article 7)

Amendments

Amendments to Declaration require consent of Owners and Mortgagees as prescribed by Act (Section 44-3-82); Exhibit B percentages may be altered only by consent of all Owners and Mortgagees (Article 5 (last paragraph), Article 6.2)

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