Wolf River Ranch

Key facts from Wolf River Ranch's documents

Community type

Homeowners Association (nonprofit, non-stock corporation) (Declaration for Phase VII, Article I, Se)

Units / lots

94 (Phase IV) and 50 (Phase VII lots 329-378) and 100 (Phase II lots 113-212) and earlier Phase I lots 1-112; Village Park lots not specified (Phase IV: plat schedule for Phase IV say)

Assessments & dues

Maximum $400 per Lot per year until January 1, 2008 (Phase VII). After that, set by Board. (Declaration for Phase VII, Article VI, S)

Special assessments

Not explicitly mentioned; but Board may set assessments 'at more frequent intervals should circumstances so require'. (Declaration for Phase VII, Article VI, S)

Collections & liens

Unpaid assessments become a continuing lien on the Lot; Association may foreclose by public sale after 21 days notice, with power of sale clause. Sale subordinate to prior mortgages. Proceeds applied to expenses, taxes, mortgages, then Asso (Declaration for Phase VII, Article VI, S)

Reserves & fees

Association may fund reserves for replacements (Article VI, Section 2(a)(iv)). (Declaration for Phase VII, Article VI, S)

Pets

Yes, dogs, cats or other household pets allowed, but not for commercial purpose and not more than two (2) in aggregate at one time. (Declaration for Phase VII, Article VIII,)

Leasing & rentals

Originally allowed with minimum 12-month lease (Phase VII Declaration Section 2(z)); but amended in Second Amendment to prohibit leasing except extraordinary situations with Board approval, and specifically prohibit short-term rentals (Airb (Declaration for Phase VII, Article VIII,)

Parking & vehicles

Not explicitly addressed, but building materials not placed in street; parking of recreational vehicles prohibited. (Declaration for Phase VII, Article VIII,)

Fences

Village Park: No fence in front yard unless provided; location approved by ARC. Fences on property line maintained jointly. Height max 72 inches. Materials: brick, wrought iron, cedar. Cedar fences with street frontage must be capped and tr (First Amendment to Village Park, section)

Architectural approval

Yes, Architectural Control Committee approval required for any structure, fence, barrier, exterior alteration, addition, deletion, change in landscaping, new use. Developer excepted. (Declaration for Phase VII, Article VII, )

Signs & flags

Advertising signs for sale of single family residence as approved by Collierville allowed. No 'for rent' signs, billboards, unsightly objects. Exception for Declarant during development. (Declaration for Phase VII, Article VIII,)

Setbacks / home size

Minimum heated floor area 2,200 square feet exclusive of open porches and garages (Phase VII), unless approved by ARC. (Declaration for Phase VII, Article VIII,)

Use restrictions

All Lots for private residential purposes only (Section 1). No structures other than single family houses. No temporary residences. (Declaration for Phase VII, Article VIII,)

Voting & meetings

Each Lot Owner has one vote per Lot owned; Developer gets three votes per Lot owned until 75% of Lots sold, then one vote per Lot. Only members current on assessments may vote. (Declaration for Phase VII, Article III, )

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