“This information is provided as a general summary for prospective buyers. It is not a substitute for the Association’s recorded Declaration, By-Laws, and Rules, which govern in all cases. Buyers should review all official documents during due diligence.”

LAKEMOORE COLONY CONDOMINIUM ASSOCIATION, INC.

Realtor & Buyer Information Sheet

COMMUNITY OVERVIEW

Lakemoore Colony is a private, owner-focused condominium community in Atlanta, Georgia, governed by recorded Covenants, By-Laws, and Rules designed to protect property values and maintain a consistent, well-managed environment.

• Community Type: Condominium Association
• Total Units: 96
• Governance: Board of Directors + Architectural Control Committee (ACC)
• Legal Framework: Georgia Condominium Act

• Each Condo is assigned a storage room and a garage/carport parking space. There will be one each, with an opportunity to rent more if available.

 

WHAT YOUR BUYER IS PURCHASING

Ownership Includes

• Full ownership of the interior of the unit
• Membership in the Association
• One (1) vote per unit

• FINANCIAL RESPONSIBILITIES

• Monthly HOA dues are mandatory
• Special assessments may be issued as needed
• Late fees, interest, and collection actions may apply

Important:
Unpaid balances become a lien on the unit and are typically required to be resolved at closing.

ARCHITECTURAL CONTROL (ACC)

ALL exterior or visible changes require prior approval, including:

• Doors and windows
• Garage doors
• Exterior lighting
• Landscaping or patios
• Any visible modification

This ensures consistency and protects property values.

LEASING & OCCUPANCY

• Lakemoore Colony is primarily owner-occupied. Leasing is restricted and governed by the Declaration

• Leasing is restricted and governed by the Declaration

 

INSURANCE GUIDANCE

• HOA maintains a master insurance policy
• Buyers should obtain:
  • HO6 (interior policy)
  • Personal liability coverage