Parkway Homeowners Association

Key facts from Parkway Homeowners Association's documents

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

Community type

HOA (neighborhood association); not a condominium (Section 1.1: 'does not and is not intend)

Developer / declarant

Cedar Grove Lakes, LLC, a Georgia limited liability company (Signature page and Section 1.1)

Governing law

Georgia law (O.C.G.A. §44-5-60, O.C.G.A. §44-3-70 et seq.) (Section 1.2, Section 1.1)

Special assessments

Yes, Board may levy without membership vote for shortfalls, e.g., insurance deductible (Section 8.5, Section 7.4(c))

Reserves & fees

Yes, Board may establish reasonable reserves for Common Expenses (Section 2.1 'Common Expenses' (includes )

Leasing & rentals

Yes; Association cannot prohibit leasing or transfer but may impose minimum lease terms and require use of approved lease forms (Section 3.4(f))

Signs & flags

Content cannot be regulated; time, place, and manner regulations allowed including design criteria (Section 3.4(b))

Use restrictions

Yes (implied; Association may prohibit activities not normally associated with residential use) (Section 3.4(d))

Voting & meetings

Class A Members: one vote per Unit; Class B Member: does not vote but appoints majority of Board during control period (Section 6.3(a), 6.3(b))

Amendments

By Declarant until termination of Declarant rights; by Members requires 67% of Class A votes and Class B approval (if any) (Article XVIII (Sections 18.1, 18.2))

Amenities

Lakes, trails, recreational amenities, gathering parks, natural areas, dams, sidewalks, roadways, streetlights (within Common Area) (Section 7.2(a))

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