Ivys Landing Condominium

Key facts from Ivys Landing Condominium's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Section 1: submitted to Georgia Condomin)

Governing law

Georgia Condominium Act, O.C.G.A. Section 44-3-70 et seq. (Section 1, Page 5)

Assessments & dues

Set by Board annually; not fixed numeric. (Section 9(D), Page 10)

Special assessments

Allowed; any special assessment causing average total per Unit per fiscal year to exceed $200 (or higher as authorized by Act) must be approved by majority of eligible Owners unless exceptions apply. (Section 9(E), Page 11)

Collections & liens

Assessments, charges, interest, costs, attorney fees are a continuing lien on the Unit; personal obligation of Owner; Association may record notice of lien and foreclose. (Section 9(B), Page 9-10)

Reserves & fees

Board may prepare capital reserve budget and set annual reserve contribution included in assessments. (Section 9(F), Page 11)

Pets

Yes, with restrictions: up to three cats, dogs, or other domesticated household pets, each weighing no more than 65 pounds. (Section 12(G), Page 21)

Leasing & rentals

Yes, subject to restrictions (Paragraph 13). (Section 13, Page 20 (not in excerpt full)

Parking & vehicles

No more than reasonable number of vehicles per Unit; parking only in designated spaces; Board may adopt rules including permits. (Section 12(H), Page 22)

Fences

Not explicitly addressed; balconies/patios have fencing as Limited Common Elements maintained by Association. (Section 6(A) and 10(B)(x), Page 8 and 14)

Architectural approval

Yes, written approval of Architectural Control Committee required for any exterior change, alteration, or construction, and interior changes affecting structural/mechanical/electrical systems. (Section 11(B), Page 17)

Home business

Ancillary business activities allowed if not apparent, no increase in traffic/insurance, legal, consistent with residential character, etc. (Section 12(A)(i), Page 18-19)

Signs & flags

No signs, advertising, political placards on Condominium without prior written ACC/Board consent; Board may erect Association signs. (Section 12(J), Page 23)

Maintenance

Association responsible for roof joists, decking, shingles, flashing, etc. (Section 10(B)(viii)). (Section 10(B)(viii), Page 14)

Use restrictions

Each Unit shall be used for residential purposes only. (Section 12(A)(i), Page 18)

Voting & meetings

One vote per Unit, weighted equally. (Section 7(B), Page 4)

Amendments

Declaration may be amended by 2/3 vote of eligible Association vote; Bylaws by 66-2/3% vote; recorded in DeKalb County. (Section 21 and Bylaws Section 8, Page 31)

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