Each of Olde Ivy's three residential neighborhoods (Townhomes, Condos, and The Manor) has its own governing sub-association. The three sub-associations are members of a master association, governed by a Neighborhood Board of Directors, which handles issues that are common to the entire neighborhood.
Each sub-association elects a Board of Directors, which is responsible for managing the budget and expenses for that association. Each budget supports work on common elements within that neighborhood, for example, exterior painting and roof repair. The Neighborhood Board of Directors manages the budget for shared community resources including the roads and exterior gates, amenities such as the pool and clubhouse, and expenses such as insurance on those amenities.
With delegated authority from the Neighborhood Board of Directors, committees such as Landscape, Infrastructure and Covenants manage various shared aspects of the property and community life. All committee work is done by Olde Ivy residents on a voluntary basis.
The neighborhood association and the sub-associations employ a professional management company, to handle accounting, work orders, bill paying, receivables and so on.
The structure of Olde Ivy governance is laid out by the documents of condominium, bylaws and other documents. Since these governing documents affect all aspects of life at Olde Ivy, it is important that you read and understand the documents for both your particular sub-association and for the master neighborhood association.
Manor and Condos owners need to know that their associations are governed by Georgia Condominium law. This means that the operation of their associations is subject to different legal requirements, and that their residents have different legal rights and obligations than owners of the Townhomes.