This By-Laws document for a condominium association contains information concerning: restrictions, the board of directors, and the advisary committee.
Condominium Bylaws And In Fulton
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State:
Multi-State
County:
Fulton
Control #:
US-00452
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Word;
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FAQ
Who regulates homeowners' associations in Georgia? Title 44, Chapter 3, Article 6 of the Georgia Code, governs community associations in Georgia. This act, which is known as the Property Owners' Associations Act, governs a community of homeowners who have the responsibility of repairing and maintaining shared areas.
Ing to Georgia statutes, HOA membership must approve any amendments by two-thirds of the votes cast or a majority of the voting power, whichever is less. Each parcel gets one vote. This means that if every property owner votes, a simple majority is needed to pass the revisions.
6 Steps to Amend HOA Bylaws and Covenants Amendment Proposal. The first step consists of a proposal describing the changes to the bylaw or covenant. Discussion Meeting. The board will then discuss the proposed amendment at a board meeting. Give it a Vote. Count the Votes. Amendment Approval. Recording and Effectivity.
Perpetual Duration: Prior to 1993, Georgia law generally provided that covenants expire after 20 years. In 1994, the law was amended to permit covenants to automatically renew. Yet, Georgia courts have subsequently held that covenants in communities recorded prior to 1994 do not receive the benefit of the 1994 law.
6 Steps to Amend HOA Bylaws and Covenants Amendment Proposal. The first step consists of a proposal describing the changes to the bylaw or covenant. Discussion Meeting. The board will then discuss the proposed amendment at a board meeting. Give it a Vote. Count the Votes. Amendment Approval. Recording and Effectivity.
The Property Owners' Association Act oversees the creation, management, authority, and functions of the HOAs in Georgia. It's important to note here that associations can be formed under the POAA or using common law principles. In such cases, this act will not apply.