Letsinger Ridge

Key facts from Letsinger Ridge's documents

Community type

single-family residential subdivision (Article 1, Section 4; Plat reference)

Units / lots

22 lots (Lots 1-9 and 12-24) plus future possible resubdivision of Lot 9 (Article 6 Section 1; recital)

Developer / declarant

KNOX TL LOT ACQUISITION, LLC, a Tennessee limited liability company (Opening recital; Article 1 Section 5)

Assessments & dues

Maximum $200 per improved and occupied lot until first year adjustment (Article 3 Section 3(a))

Special assessments

Allowed for capital improvements with 2/3 vote of each class; uniform rate (Article 3 Section 5)

Collections & liens

Assessment is a continuing lien; can foreclose by filing Notice of Lien and suit; personal obligation of owner at time assessment due (does not pass to successor unless assumed). Subordinate to first mortgage; foreclosure extinguishes prior (Article 3 Sections 1, 9, 10)

Reserves & fees

Replacement Reserves required in separate bank account for common areas; amount determined in annual budget. (Article 3 Section 4)

Pets

Dogs, cats, other household pets allowed; not for commercial purposes; inside pets; association may regulate. (Article 6 Section 3)

Parking & vehicles

Overnight parking prohibited on any streets within subdivision. (Article 6 Section 10)

Fences

Fences require approval under Article 4. (Article 4)

Architectural approval

Yes – for any exterior building, structure, modification; plans to Board after ACC recommendation. (Article 4)

Home business

Commercial business prohibited (Article 6 Section 8)

Signs & flags

Only one professional sign of not more than 5 sq ft for sale/rent, plus declarant marketing signs. (Article 6 Section 5)

Use restrictions

Lots used only for residential purposes except future commercial if designated on plat. (Article 6 Section 1)

Voting & meetings

Two classes: Class A (one vote per lot per owner); Class B (Declarant: three votes per lot until conversion). Co-owners share one vote per lot. (Article 2 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.