Shea Gardens at Porter Farms

Key facts from Shea Gardens at Porter Farms's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Shea Gardens at Porter Farms

Developer / declarant

Porter Farms Area 1, Inc., 91 Peyton Parkway, Suite 104, Collierville, Tennessee 38017 (Article I, Section 2)

Governing law

Tennessee Nonprofit Corporation Act (T.C.A. Title 48); specifically T.C.A. Section 48-52-102(b)(3) (Exhibit F, Charter, Section 11)

Assessments & dues

Determined annually by Board of Directors based on estimated expenses; includes 20% of Porter Farms Homeowners Association assessment (Article VI, Section 2)

Special assessments

May be levied in an assessment year for capital improvements or other purposes with assent of 2/3 of total votes eligible to be cast; meeting with 10-30 days notice (Article VI, Section 3)

Collections & liens

Unpaid assessments become a continuing lien on the Lot; may be enforced by public sale with 21 days advertising (3 weekly publications) and written notice; sale free from equity of redemption; proceeds applied first to expenses, then taxes (Article VI, Section 5)

Reserves & fees

Annual expenses include cost of funding reserves including general operating reserve and reserve for replacements (Article VI, Section 2(d))

Pets

Only usual household pets allowed; not for breeding or commercial purposes (Article VIII, Section 2(l))

Parking & vehicles

Recreation vehicles and boats, boat trailers, house trailers, camping trailers prohibited unless screened in garage or from view (Article VIII, Section 2(g))

Fences

Front yard fence max 3'6", compatible with architecture, recessed 5 ft behind frontal plane; rear yard privacy fence max 6', cedar, located 3 ft from rear property lines; side yard fence max 6', cedar, must coordinate with adjacent owner (Article VII, Section 3(D))

Architectural approval

Written approval of Architectural Control Committee required for any structure, fence, barrier, exterior alterations (including paint color, re-roofing), additions, deletions, landscaping changes, or new use; except actions by Developer (Article VII, Section 2)

Setbacks / home size

Front yard: 25 ft (per plat); side yard: 3.5 ft minimum; rear yard: 20 ft minimum for principal or garage structure (Article VII, Section 3(B))

Maintenance

Owner responsible for exterior maintenance including roof (Article V, Section 2 (exterior maintenan)

Insurance

Association obtains insurance for all insurable improvements on Common Area (including perimeter fences), public liability policy ($1,000,000 single person limit bodily injury/property damage, $1,000,000 per occurrence, $30,000 property dam (Article X, Section 1)

Use restrictions

Lots 1 through 69 shall not be used except for private residential purposes (Article VIII, Section 1)

Voting & meetings

Each Lot owner: 1 vote per Lot; Developer: 10 votes per Lot until 3 years after first Lot conveyance, then 1 vote per Lot; after 4 years from first Lot conveyance (Bylaws), Developer gets 1 vote per Lot (Article III, Section 2; Bylaws Article I)

Amendments

Amended by instrument signed by Owners holding not less than 75% of votes; must be recorded; during first 4 years from recording, Declarant must also approve. Declarant may unilaterally amend for 4 years for governmental requirements, lende (Article XII, Section 1)

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