Thrushwood Townhomes

Key facts from Thrushwood Townhomes's documents

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

Community type

Covenant / Planned Community

Legal name

Thrushwood Townhomes

Units / lots

15 (each lot contains a townhouse unit) (Lots One (1) through Fifteen (15), Thrus)

Developer / declarant

Glasscock Developments, Inc. (First paragraph before WHEREAS)

Collections & liens

If owner fails to pay costs/charges/assessments when due (10 days after demand), any other owner may pay and obtain a lien against defaulting owner's parcel. Lien includes interest at 10% per annum, attorney's fees, court costs. Lien attach (Section 17)

Reserves & fees

Interest at 10% per annum for amounts not paid within 10 days after demand (Section 17)

Pets

Yes, but only one (1) dog or cat as a household pet, not for commercial purposes (Section 6)

Leasing & rentals

Yes, with condition that unit owner or agent ensures no objectionable/offensive activity that might disturb other units (Section 5)

Signs & flags

Only one sign of not more than 4 square feet advertising property for sale or rent allowed (Section 4)

Maintenance

Outside repairs including roofing done by mutual agreement of majority of owners; each owner liable for pro rata share (Section 11)

Insurance

Each owner shall obtain fire and extended coverage insurance on unit equal to maximum insurable replacement value determined annually; provide certificate to other owners of building. Each owner shall purchase public liability insurance for (Section 15)

Voting & meetings

All unit owners vote as arbitrators on disputes; decision by majority. Also, majority of owners decides on outside maintenance work. (Sections 14 and 11)

Amendments

May be amended at any time by unanimous consent of owners evidenced by written amendment recorded in Hamilton County, Tennessee (Section 20)

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