Bouldersprings Homeowners Association, Inc.

Key facts from Bouldersprings Homeowners Association, Inc.'s documents

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

Community type

Subdivision Homeowners Association (Recitals; Association defined as Boulder)

Legal name

Boulder Springs Homeowners Association, Inc.

Developer / declarant

Boulder Springs Development, LLC (First paragraph of Declaration)

Governing law

Georgia Property Owner's Association Act, O.C.G.A §44-3-220, et seq. (Recitals paragraph C)

Assessments & dues

Set annually by Board of Directors via budget; not a fixed amount (Article VIII, Section 1(e): 'Board of Di)

Special assessments

May be levied by Board if annual budget inadequate; for capital improvements requires 75% affirmative vote of owners (Article VIII, Sections 1(f) and 1(g))

Collections & liens

Unpaid assessments constitute a lien on the Lot superior to all liens except ad valorem taxes and first mortgages; Association may foreclose (Article VIII, Section 1(h)(iii))

Reserves & fees

Required: 'adequate reserve fund for maintenance, repair and replacement of those portions of the common elements that must be replaced on a periodic basis' (Article VIII, Section 1(e)(ii) and Secti)

Pets

Dogs, cats, and other usual household pets in reasonable number (Article VI, Section 6)

Parking & vehicles

No commercial vehicles may be parked, stored, or temporarily kept within the Community unless wholly inside a private garage, temporarily servicing improvements, or used in construction (Article VI, Section 7 (last sentence))

Fences

Front yard fences only ornamental and conforming to principal dwelling; no fence between front wall of house and street; side fences facing street must be ornamental iron or decorative wood; back fences may be chain link, green or black (Article V, Section 6(k))

Architectural approval

No improvement of any kind shall be erected, placed, altered, added to, modified, maintained or reconstructed on any Lot without prior written approval of Architectural Control Committee (Article V, Section 2)

Home business

Prohibited except with written approval of Architectural Control Committee (Article VI, Section 1)

Signs & flags

No commercial signs, including 'for rent' or 'for sale' signs, except as required by legal proceedings; Declarant may erect signs during development (Article VI, Section 2)

Use restrictions

All Lots shall be used for single-family residential purposes exclusively (Article VI, Section 1)

Voting & meetings

Each Lot entitled to one vote; multi-lot owners have as many votes as lots owned (Article VII, Section 1 and Article XII, )

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