Shady Grove Village

Key facts from Shady Grove Village's documents

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

Community type

Homeowners Association (C.U.P. Phase 2) (Section 1.01 Association defined, page 3)

Legal name

Shady Grove Village

Developer / declarant

SHADY GROVE VILLAGE II, LLC

Governing law

Tennessee Nonprofit Corporation Act (Charter page 35, line 1)

Assessments & dues

$65.00 per month for first twelve months ($780/year) (Section 7.02, page 11)

Special assessments

Allowed for capital improvements, unexpected repairs, etc., with assent of 2/3 of total votes eligible (Section 7.03, page 12)

Collections & liens

Association has lien on Lot for unpaid assessments; may foreclose; lien subordinate to first mortgages under conditions (Sections 7.04, 7.06, 7.07, pages 12-14)

Reserves & fees

Annual expenses include funding reserves (general operating reserve and/or reserve for replacements) (Section 7.02(d), page 11)

Pets

Yes: dogs, cats, other household pets, not kept for commercial purpose. (Section 9.02(d), page 19)

Parking & vehicles

Prohibited from being kept other than in garage or screened from view. (Section 9.02(i), page 20)

Architectural approval

Yes, for any structure, fence, barrier, or material alteration; also for new use. (Section 8.02, page 15)

Signs & flags

One for rent or for sale sign per lot, not more than 5 square feet. (Section 9.02(e), page 20)

Setbacks / home size

Front and rear building setbacks as indicated on plat; minimum side yard setback: 5 feet, 3 inches. (Plat notes page 34, items 5 and 9)

Use restrictions

Lots 11 through 36 shall not be used except for private residential purposes; single-family dwellings only. (Sections 9.01, 9.02(a), pages 18-19)

Voting & meetings

One vote per lot, except Declarant gets five votes per lot as long as it owns any Lot (Section 3.02, page 6)

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