Pinnacle Point

Key facts from Pinnacle Point's documents

Reflects the 2015 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

PINNACLE POINT NEIGHBORHOOD ASSOCIATION, INC.

Governing law

Tennessee Nonprofit Corporation Act, Tenn. Code § 48-51-101 et seq. (Exhibit B, Article I, Section 2)

Assessments & dues

Initial assessment set by Board; subsequent assessments set annually by Board after consideration of budget; each Burdened Lot assessed equally on pro rata basis. (Article III, Sections 3 and 5)

Reserves & fees

Reasonable late fee to be set by the Board. (Article III, Section 7(i))

Pets

Cats or other household pets (dogs, cats, birds, rabbits, fish) may be kept, provided not for commercial purpose and not a nuisance. No reptiles, wildlife, or farm animals. (Article IV, Section 5)

Parking & vehicles

Recreational vehicles, boats, boat trailers, house trailers, camping trailers, motorcycles, or similar items shall not be kept on Lot unless within enclosed garage. (Article IV, Section 4)

Architectural approval

If ACC fails to approve or disapprove Plans within 30 business days after submission, Plans are deemed approved. (Article IV, Section 9)

Signs & flags

Allowed: signs required for legal proceedings; one 'For Sale' sign conforming to law; political signs no larger than 2 ft x 3 ft during standard campaign seasons. (Article IV, Section 8)

Insurance

Association shall maintain commercial general liability insurance, directors and officers insurance, and other policies as deemed necessary by the Board. (Article V)

Use restrictions

Each Burdened Lot shall be used primarily for residential purposes. (Article IV, Section 1)

Voting & meetings

One vote per Burdened Lot. If husband and wife own together, one vote between them. Entity must register representative with Secretary. (Article II, Section 2)

Amendments

For Covenant: proposed by majority of Board or 35% of Members; approved by affirmative vote of Members holding 2/3 of all Member votes; executed by President and Secretary; recorded in Register's Office. (Article XI, Section 1)

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