Brayston Park

Key facts from Brayston Park's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Braystone Park Homeowners Association, Inc.

Governing law

Tennessee Non-Profit Corporation Act (Tenn. Code § 48-57-108) (Section 3 and Section 22: 'Tenn. Code § )

Special assessments

May levy special assessment for defraying cost of construction, reconstruction, unexpected repair or replacement of improvement for which Association responsible, or other purposes Board considers necessary. Approval by affirmative vote of (Section 3: 'the Association may...levy..)

Collections & liens

Lien for unpaid assessments subordinate to real estate taxes and prior recorded first mortgage/first deed of trust if assessments paid in full prior to mortgage recordation. Lien takes precedence over subsequent judgments, attachments, bank (Section 4(A)-(D) and Section 7: 'subordi)

Reserves & fees

Delinquent assessment includes reasonable late fee as permitted by Tennessee law, subject to change by Board. (Section 4(A): 'together with a reasonabl)

Use restrictions

Each Lot shall be used primarily for residential purposes. (Section 8: 'Each Lot shall be used prima)

Voting & meetings

Each Member entitled to vote; may vote in person or by written proxy; annual election by secret written ballot or other process determined by Board. (Section 13: 'elected by secret written b)

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