Artesian Condominimums

Key facts from Artesian Condominimums's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium ("residential, condominium development")

Legal name

The Artesian Memphis Condominium Owners’ Association (First paragraph)

Governing law

Tennessee Condominium Act of 2008, Tenn. Code § 66-27-201 et seq. (WHEREAS clause)

Collections & liens

Transfer Assessment is a continuing lien upon the Condominium Unit collectible in the same manner as other assessments under the Master Deed (New paragraph: "continuing lien upon the)

Reserves & fees

0.25% of Sale Price (New paragraph added to Article 8, Sectio)

Voting & meetings

Each Unit is allocated one (1) vote in all matters before the Association (Article 9, Section 9.01 of Master Deed a)

Amendments

Amendment requires affirmative vote of Unit Owners holding at least 67% of votes in the Association (Article 14, Section 14.06 of Master Deed)

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