Windstone Creek

Key facts from Windstone Creek's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Residential Subdivision (Article I, Section 8; Article VII A)

Units / lots

18 (per Article IV, Section 2(b)); also defined as Lots 1-12 in Article I, Section 4 (Article I, Section 4; Article IV, Sectio)

Developer / declarant

Germantown Homebuilders, Inc. (First paragraph, page 1; Article I, Sect)

Governing law

Tennessee Nonprofit Corporation Act (Exhibit C, page 22)

Assessments & dues

Maximum $25 per Lot per month until December 31, 2022; thereafter fixed by Board (Article V, Section 11)

Special assessments

Requires assent of Members representing 2/3 of total votes eligible to be cast; meeting notice 10-30 days in advance (Article V, Section 3)

Collections & liens

Unpaid assessments become a continuing lien; Board may record notice; may sell Lot at public outcry after 21-day advertising and notice; sale subordinate to prior mortgages; proceeds applied to expenses, taxes, assessments, balance to owner (Article V, Sections 5, 7, 8)

Reserves & fees

Cost of funding reserves, including general operating reserve and/or reserve for replacements (Article V, Section 2(b))

Voting & meetings

Each Lot owner one vote per Lot; Developer five votes per Lot until 5 years after first conveyance, then one vote (Article III, Section 2)

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