Galway Green

Key facts from Galway Green's documents

Reflects the 2013 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (HOA) – Tennessee non-profit corporation (Preamble, Galway Green Homeowners Associ)

Governing law

Tennessee Nonprofit Corporation Act, Tenn. Code Ann. § 48-51-101, et seq. (Bylaws Article I Section 2)

Assessments & dues

Initial annual assessment set by Board; subsequently set annually by Board after considering budget. Uniform rate for all Lots. (Declaration Article VI Sections 1, 3, 9)

Special assessments

May be levied by Association for construction, reconstruction, unexpected repair, or other purposes as Board considers necessary, provided approved by affirmative vote of Members holding two-thirds of all Member votes at a duly called speci (Declaration Article VI Section 10)

Collections & liens

Assessments are a continuing lien on the Lot. May be enforced by suit. Lien subordinate to first mortgage/deed of trust and ad valorem taxes. Board may record notice of lien. Foreclosure extinguishes lien for pre-foreclosure assessments if (Declaration Article VI Sections 1, 7, 8)

Reserves & fees

Repaving Fund for Easement roads: $5.00 per Lot per month deposited into Repaving Fund. (Declaration Article VI Section 4)

Pets

Dogs, cats, or other household pets may be kept, provided not kept for commercial purpose. (Declaration Article VII Section 2(b))

Leasing & rentals

Generally prohibited for owners who obtain title after the date of recordation of the Fifth Amendment (August 24, 2006). Exceptions for inheritance, living trusts, spouse/child/parent/sibling, and by Board majority vote for medical/health o (Declaration Article XI Section 1)

Parking & vehicles

Strictly prohibited to store or park junk or inoperable automobiles on or about any unit. (Declaration Article VII Section 2(f))

Architectural approval

Yes. Written consent of ACC required for any structure, fence, barrier, alteration, change in exterior appearance (including paint color and re-roofing), landscaping changes, or new use. (Declaration Article IX Section 2)

Signs & flags

Advertising signs for sale of single family residence allowed as approved by governmental authorities. No 'for rent' signs, billboards, or unsightly objects. (Declaration Article VII Section 2(c))

Setbacks / home size

Buildings no closer to side property lines than permitted by appropriate governmental authority. (Declaration Article VII Section 2(m))

Maintenance

Association maintains Common Area (including real property taxes for Common Area). Each Lot Owner responsible for interior maintenance, painting, repair, upkeep of Lot and improvements. Exterior maintenance of improvements on individual Lot (Declaration Article V Sections 1 and 2)

Insurance

Insurance on improvements on Lots, including interior portions, is the responsibility of the respective Lot Owners. (Declaration Article VIII)

Use restrictions

All Lots are residential; no structure other than one single family residence and a two-car enclosed garage. Additional structures allowed in rear yard with architectural approval. (Declaration Article VII Section 1)

Voting & meetings

One vote per Lot. If husband and wife co-own, one vote between them. Entities must register a representative. (Declaration Article II Section 2; Bylaws)

Amendments

Amendments may be proposed by majority of Board or 35% of Members; approved by affirmative vote of 60% of all Owner votes; must be executed by President and Secretary and recorded. Termination requires 80% of Members. (Declaration Article X Sections 2, 3; Art)

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