Oak Grove (TN)

Key facts from Oak Grove (TN)'s documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

planned_development (Title: 'Oak Grove PD Phase 4' throughout)

Legal name

Oak Grove PD Phase 4 Woodgrove Section A

Developer / declarant

Hearthstone Investments LLC (Preamble, page 1)

Assessments & dues

Board may assess each Lot a pro rata share of anticipated or incurred expenses of the Association. (Section 3.4, page 5-6)

Collections & liens

All assessments are secured by a lien on the Lot. Board may file notice of lien in Register's Office and enforce as provided by law. (Section 4.2, page 7)

Voting & meetings

Class A Members: one vote per Lot owned. Class B Members: three votes per Lot owned until 75% of Lots in a plat sold to residents; then class B ceases and each Member gets one vote per Lot. (Sections 2.3 and 2.4, pages 4-5)

Amendments

Instrument in writing signed and acknowledged by Owners of not less than 75% of all Lots, recorded. During the period set in Section 5.2, cannot amend without Declarant's written consent. (Section 5.1, page 8)

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