Atley Estates

Key facts from Atley Estates's documents

Reflects the 1991 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

planned_community (Property is a subdivision of lots with c)

Legal name

Atley Estates

Developer / declarant

P. & L. Development Company

Assessments & dues

$50.00 per Lot initially until January 1 of year after first lot conveyance; maximum may be increased up to 5% per year without vote (Article VII, Section 4(a) and (b))

Special assessments

For capital improvements, requires 2/3 vote of each class (Article VII, Section 5)

Reserves & fees

Board may impose a charge for late payments of assessments (Article VIII, Section 4)

Voting & meetings

Two classes: Class A (each Owner one vote per lot) and Class B (Declarant three votes per lot; ceases when Class A votes equal Class B or by April 9, 2001) (First Amendment, Article V, 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.