The Cloisters Homeowners Association

Key facts from The Cloisters Homeowners Association's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Attached townhome subdivision (not a condominium) (Preamble: 'THIS DECLARATION DOES NOT AND)

Legal name

The Cloisters Homeowners Association, Inc. (Article I, Section (5))

Developer / declarant

William J. Bennett, Jr. (Preamble: 'THIS DECLARATION is made on t)

Governing law

Not subject to Georgia Condominium Act (O.C.G.A. § 44-3-70 et seq.) or Georgia Property Owners' Association Act (O.C.G.A. § 44-3-220 et seq.) (Preamble, page 000268)

Assessments & dues

Set annually by Board based on budget; uniform rate per Lot (Article V, Sections 2 and 3)

Special assessments

Allowed; if total special assessments in a fiscal year exceed $200 per Lot, must be approved by majority of Total Association Vote (Article V, Section 4)

Collections & liens

Yes; Association may file lien and foreclose; lien is superior to all except ad valorem taxes and first Mortgage; personal obligation also (Article V, Sections 2, 5, 6)

Reserves & fees

Working capital fund for unforeseen expenditures; capital budget may include reserves (Article V, Section 10 and Section 3 (cap)

Voting & meetings

One vote per Lot; multiple owners of a Lot must decide how to cast the single vote; if not instructed, vote is suspended (Article III, Section 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.