Hickory Creek (TN)

Key facts from Hickory Creek (TN)'s documents

Reflects the 1987 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Townhouse development submitted to horizontal property regime under Tennessee Horizontal Property Act (Article I (L.1(a) and (m)), Article II ()

Legal name

Hickory Creek Townhome Association, Inc. (Article I L.1(b), Article IV 4.1(a))

Units / lots

See total_units; lots are units (each Unit is a 'Lot' per Plat). (Article I L.1(n): 'Unit has same meaning)

Developer / declarant

DON WILLIAMS CONSTRUCTION CO., INC.

Governing law

Tennessee Horizontal Property Act, Tenn. Code Ann. §66-27-101 et seq. (Article I L.1(a))

Assessments & dues

Common Expenses divided equally among Co-owners; amounts and times determined as provided in Bylaws (Article VII 7.2(a): 'Common Expenses sha)

Special assessments

Allowed; for reconstruction of Common Elements (Article VI 6.2(b)) and for maintenance/repair of a Unit if owner refuses (Article V 5.1(b)) (Article V 5.1(b): 'levy a special assess)

Collections & liens

Unpaid Common Expenses plus late charges and interest constitute a lien on the Unit, subordinate to prior recorded first mortgage. Association may foreclose, appoint receiver, take possession, sell Unit. (Article VII 7.2(a) and Article IX 9.2(a))

Reserves & fees

Adequate reserve fund for replacement of Common Elements established and funded by regular monthly payments (Article VII 7.2(c): 'An adequate reserve)

Leasing & rentals

Yes, with restrictions; Unit is freely alienable (Section 3.5(h)). Leasing is allowed subject to Article III 3.4, with exceptions for family members, first mortgage holders, and Developer. (Article III 3.4 and 3.5(h))

Fences

Not specifically addressed in Master Deed (likely covered in Rules and Regulations Exhibit C) (No mention)

Architectural approval

For alterations, additions, or improvements to Common Elements: prior written approval of Association required. For alterations within a Unit: no prior written approval required, but Co-owner responsible for damage. (Article VIII 8.1)

Maintenance

Association: Common Elements (maintenance, repair, replacement). Owner: Unit. Association may enter Unit for emergency or Common Element maintenance (Sections 5.1(d), 5.2). Owner liable for damage caused by them. (Article V 5.1(a), 5.1(c), 5.1(d), 5.2)

Insurance

Insurance for Common Elements: fire, vandalism, malicious mischief, extended coverage (full insurable replacement cost). Also comprehensive public liability insurance for Common Elements. Fidelity coverage for officers, directors, employees (Article VI 6.1(a), 6.1(b), 6.1(d)(i))

Voting & meetings

Each Co-owner holds one (1) vote for each Unit owned (Article I L.1(j) and Article IV 4.1(a))

Amendments

By instrument in writing signed and acknowledged by any three (3) Directors of the Association; must include affidavit of Secretary certifying copy mailed by certified mail to all lienholders at least 10 days prior; effective upon recordati (Article X 10.6)

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