Preserves at Savannah Bay Homeowners Association, Inc.

Key facts from Preserves at Savannah Bay Homeowners Association, Inc.'s documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (HOA) for a subdivision of single-family detached homes (Article I, (a) and (k); Article 2, Secti)

Units / lots

56 (Lots 1 thru 56) (WHEREAS paragraph and Article 2, Section)

Governing law

State of Tennessee (Article I, (a); Article 3, Section 1)

Assessments & dues

Initial $250.00 per residential unit for Class A members (subject to change by Association) (Article 5, Section 3(a))

Special assessments

Requires affirmative vote of 51% of those then entitled to vote of all classes of membership (Article 5, Section 4)

Collections & liens

Unpaid assessment becomes a continuing lien on the property; Association may foreclose and recover costs, interest, attorney's fees (Article 5, Sections 1, 7)

Fences

Fence materials: vinyl, cast iron, or aluminum; wooden fences require Developer written approval. Fences only in back yard (halfway point of house to back of Lot). (Article 2, Section 3(w))

Home business

Prohibited; no portion of Lot used for any business service or activity, nor any commercial purpose (Article 2, Section 3(b))

Use restrictions

All Lots shall be used for residential purposes only; no business or commercial activity (Article 2, Section 3(a) and (b))

Amendments

Amendment requires written consent of two-thirds (2/3) of Membership with voting privileges (Article 8, Section 4)

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