Bull River Shoals Condominium Association, Inc.

Key facts from Bull River Shoals Condominium Association, Inc.'s documents

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

Community type

Condominium

Legal name

Bull River Shoals Condominium Association, Inc. (Section 2(a))

Developer / declarant

The John Jones Company (Preamble)

Governing law

Georgia Condominium Act, Georgia Laws 1975, p.609 (Official Code of Georgia Annotated, 44-3-71 et. seq.) (Section 1)

Reserves & fees

Association may levy special assessments for an adequate reserve fund for periodic maintenance, repair and replacement of common elements, maintained out of regular assessments or common expenses. (Section 12(c))

Pets

Dogs, cats or other household pets may be kept in units, subject to rules and regulations adopted by the Board of Directors. (Section 13(b)(5))

Architectural approval

Written consent of the Board is required for any exterior alteration, addition, or change. (Section 8(b))

Use restrictions

The purpose of the Condominium is to provide residential housing, parking, and recreational facilities for unit owners, families, tenants, guests and servants. (Section 13(a))

Voting & meetings

One vote per unit; initially 24 votes outstanding. Vote of a unit is not divisible. (Section 11(b))

Amendments

Amendments must be approved by 67% of entire membership; certain amendments (affecting reserves, insurance, common area rights, maintenance, convertibility, leasing, or provisions benefiting mortgage holders) require at least 51% of votes o (Section 26)

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