Old Stone at Silver Maple

Key facts from Old Stone at Silver Maple's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

residential (WHEREAS: Declarant intends to ... create)

Developer / declarant

MHC of Georgia, LLC (Opening paragraph: THIS DECLARATION is m)

Governing law

Georgia Property Owners’ Association Act (Article XVI, Section 16.7: Georgia Prope)

Assessments & dues

Board prepares budget and annual assessment; becomes effective unless disapproved by majority of total vote at meeting held at least 30 days before fiscal year (with consent of Declarant so long as Declarant owns any Lot) (Article VI, Section 6.4: The budget and )

Special assessments

Up to $500 per Lot per fiscal year may be levied by Board without member vote; above $500 requires 2/3 member vote and Declarant consent while Declarant owns any Lot (Article VI, Section 6.7: any special ass)

Collections & liens

Assessments are a continuing lien on the Lot and a personal obligation of the owner; Association may sue to collect (Article VI, Section 6.2: All such assess)

Reserves & fees

Board may prepare an annual or multi-year reserve budget and establish a reserve account (Article VI, Section 6.6: The Board may p)

Pets

Yes, generally recognized household pets (Article VIII, Section 8.4: No Owner or O)

Leasing & rentals

Yes, subject to Article IX provisions (Article IX, Section 9.1: Leasing Provisi)

Parking & vehicles

Prohibited if no current license tag or inoperable; considered disabled (Article VIII, Section 8.3: Disabled and )

Architectural approval

Yes, for any exterior change, alteration, modification, or construction (except Declarant activities) (Article VII, Section 7.1: No Owner, Occu)

Home business

Ancillary business allowed if not detectable from exterior, no customer visits, conforms to zoning, does not increase traffic or insurance, consistent with residential character (Article VIII, Section 8.1: conditions (1)

Signs & flags

Only two professional security signs (10x10) and one professionally lettered For Sale sign (2x2) per Lot; political and For Lease signs prohibited without Board approval; Declarant/Builder exempt (Article VIII, Section 8.12: Except as ma)

Use restrictions

Yes; no trade or business except ancillary home business meeting conditions (Article VIII, Section 8.1: Each Lot shal)

Voting & meetings

One vote per Lot; owner must be current on assessments to vote (Article IV, Section 4.2: Members shall b)

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