Peachtree Residential HOA

Key facts from Peachtree Residential HOA's documents

Reflects the 1997 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Commercial office and business complex (Article V, Section 1: "No usage of the P)

Developer / declarant

PEACHTREE PARK ASSOCIATES, a Georgia Limited Partnership (also PEACHTREE PARK ASSOCIATES, LTD.) (Opening paragraph and Article I, Section)

Assessments & dues

Not fixed; established annually by Association (Article IX, Section 5)

Special assessments

May be levied by Association; collected within 30 days unless otherwise determined by 2/3 vote of members (Article IX, Sections 1 and 5)

Collections & liens

Delinquent assessments become a continuing lien on the Lot; Association may record lien; lien subordinate to prior deeds to secure debt; sale or transfer does not affect lien; foreclosure extinguishes prior unpaid assessments but not future (Article IX, Sections 1 and 2)

Reserves & fees

Association may maintain a reasonable reserve fund (Article IX, Section 4(f))

Parking & vehicles

Not specifically restricted (No mention)

Fences

Not separately stated; fences are included in definition of Improvements and require approval (Article I, Section 10; Article VI)

Architectural approval

Yes, Design Review Committee approval required for any Improvement or alteration (Article VI, Section 2)

Signs & flags

All signs require prior written approval of Design Review Committee; content limited to building/company name, emblem, logo, trade name; no pennants, banners, streamers, balloons; signs must be well-maintained (Article IV, Sections 1-3)

Maintenance

Owner (part of Improvements on Lot) (Article VIII, Section 7)

Insurance

Association shall purchase and maintain public liability and hazard insurance on Common Areas (Article VIII, Section 4)

Voting & meetings

Each Owner has one vote per Lot; majority vote passes unless otherwise provided (Article VII, Section 4)

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