Tropical Townhomes Subd

Key facts from Tropical Townhomes Subd's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Units / lots

50 (Land Lots 1 through 50, Block 17), with option to add Additional Property (Preamble (page 1) and Article II)

Developer / declarant

TROPICAL TOWNHOMES LLC

Governing law

Mississippi Property Owners’ Association Act (Article I, Section 1.19 and 1.22)

Assessments & dues

Not fixed; set annually by Board based on budget (Article IX, Section 9.03)

Special assessments

May be levied for Common Expenses or capital improvements; requires approval of Developer (if owns a lot) and two-thirds (2/3) vote of Owners; also for insurance deficiencies without vote (Section 7.02) (Article IX, Section 9.04; Article VII, S)

Collections & liens

Assessments, charges, fines, interest, costs, attorney's fees are a lien on the Lot; priority as provided in Act; suit may be instituted after 30 days delinquency; Board may also suspend use of Common Property (but not ingress/egress) (Article IX, Sections 9.02, 9.08(iii))

Reserves & fees

Board shall prepare capital budget and set required capital contribution; surplus funds may be added to reserve account (Article IX, Sections 9.07, 9.11)

Pets

Generally recognized house pets only; no animals, livestock, birds, or poultry raised/bred/kept; pets must be kept as domestic pets only, not for commercial purpose; no unreasonable noise or nuisance (Article X, Section 10.14)

Parking & vehicles

Commercial vehicles of any type (excluding cars, pick-up trucks, or vans with no visible commercial activity) prohibited if visible from street (Article X, Section 10.16)

Architectural approval

ARC must act within 45 days of receipt of plans; failure to act within 45 days is deemed approval if generally in harmony with Declaration (Article X, Section 10.06)

Setbacks / home size

As per applicable set-back line restrictions in Standards; ARC may grant variances in its sole discretion (Article X, Section 10.10)

Maintenance

Owners maintain Lots and improvements; Association maintains Common Area, entryway treatment, privacy wall/fence, landscaping along Tropical Circle, lighting, irrigation, utility easements (unless assumed by city) (Article VI, Sections 6.01, 6.02)

Insurance

Association obtains property insurance on Common Area for full replacement cost (without depreciation) against fire, extended coverage, flood, vandalism, malicious mischief; also public liability policy and fidelity bonds (Article VII, Section 7.01)

Use restrictions

Each Lot restricted to single-family residential use; no trade or business except office use that does not create regular customer/client/employee traffic or nuisance (Article III, Section 3.01; Article X, Se)

Voting & meetings

Each Lot has one vote; voting may be exercised by owner or spouse; more than one person holding interest must determine vote; voting suspended for non-payment of assessments (Article V (page 12) and Article IX, Sect)

Amendments

By affirmative vote/written consent of 66-2/3% of total eligible vote; material amendments require approval of Eligible Mortgage Holders representing 51% of votes of Lots subject to Mortgages; Board may amend without vote to comply with law (Article XII, Sections 12.02, 12.03)

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