Afton Grove (TN)

Key facts from Afton Grove (TN)'s documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Afton Grove

Units / lots

372 (Lots 1-42, 43-117, 118-194, 195-259, 260-372) plus common area lots (Art. I, Sec. 5 as amended by First and S)

Developer / declarant

Afton Grove Partners, a Tennessee general partnership (First paragraph of Declaration)

Assessments & dues

Maximum $100.00 per Lot per year until December 31, 2004; thereafter set by Board (Art. VI, Sec. 8)

Special assessments

May be levied with assent of 2/3 of total votes eligible; notice 10-30 days in advance (Art. VI, Sec. 3)

Collections & liens

Unpaid assessment becomes a continuing lien; foreclosure via power of sale after 21 days advertising, subordinate to prior mortgages (Art. VI, Sec. 5)

Reserves & fees

May include general operating reserve and/or reserve for replacements (Art. VI, Sec. 2(a)(iv))

Pets

Dogs, cats, other household pets permitted, but not for commercial purpose (Art. VIII, Sec. 2(c))

Parking & vehicles

Must be kept in garage or screened from view (Art. VIII, Sec. 2(g))

Architectural approval

Yes, for any structure, fence, barrier, exterior alteration, addition, deletion, landscaping change, or new use (Art. VII, Sec. 2)

Signs & flags

One 'for rent' or 'for sale' sign per Lot, max 5 sq ft; no other advertising signs (Art. VIII, Sec. 2(d))

Setbacks / home size

Minimum setbacks per City of Memphis ordinances (Art. VIII, Sec. 2(q))

Use restrictions

Yes, all Lots used only for private residential purposes (Art. VIII, Sec. 1)

Voting & meetings

One vote per Lot per Owner; Developer gets three votes per Lot until 75% of Lots sold, then one vote per Lot (Art. III, Sec. 2; Bylaws Art. III, Sec. )

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