Towsend at Perimeter

Key facts from Towsend at Perimeter's documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

Townsend at Perimeter Community Association, Inc. (Section 1.2)

Developer / declarant

Taylor Morrison of Georgia, LLC, a Georgia limited liability company (Page before Article 1 (WHEREAS and decla)

Governing law

Does not submit to Georgia Property Owners’ Association Act, O.C.G.A. § 44-3-220 et seq. (Header on first page)

Assessments & dues

Board prepares budget, delivers to members at least 30 days before due date; budget becomes effective unless disapproved by majority of Total Association Vote and Declarant (Section 4.3)

Reserves & fees

Greater of $10.00 or 10% of amount due (Section 4.7)

Home business

Allowed if: not detectable from exterior, does not increase traffic/parking, conforms to zoning, does not affect insurance, not a nuisance, not hazardous, does not threaten security; conditions determined by Board (Section 7.2)

Signs & flags

No sign without prior written consent of Declarant or Board; for-sale signs and security signs up to 18x18 inches allowed; signs required by legal proceedings allowed; daily fine of $150 if not removed within 24 hours of written demand (Section 7.3)

Voting & meetings

One vote per Unit; if multiple owners, they determine how vote is cast; vote may be suspended for nonpayment or infraction (Section 3.2)

Amendments

Generally requires vote of members? Not explicitly provided in excerpt; but Declarant may amend unilaterally for annexation or withdrawal under certain conditions; other amendments presumably by membership vote (Section 2.2, 2.4, 11.6 (heading))

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