Southern Heights (TN)

Key facts from Southern Heights (TN)'s documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Units / lots

438 (Section 1 Definitions, "Lot" designation)

Developer / declarant

Legacy Land Development, LLC.

Governing law

Tennessee Nonprofit Corporation Act (T.C.A. Title 48, Chapter 52-102) (Exhibit C, Section 12 (reference to T.C.)

Assessments & dues

Not a fixed amount; determined annually by Board of Directors based on Association's estimated expenses. (Section 6.2)

Special assessments

May be levied with assent of 2/3 of total votes eligible to be cast. Notice of meeting sent 10-30 days in advance. (Section 6.3)

Collections & liens

Unpaid assessments become a continuing lien on the lot. Board may record notice of lien. Foreclosure by power of sale after 21 days advertising, sale subordinated to prior mortgages. (Section 6.5, 6.6)

Reserves & fees

Board may include cost of funding reserves, including general operating reserve and/or reserve for replacements, in annual assessments. (Section 6.2(d))

Pets

Dogs, cats, or other household pets may be kept, provided not kept for commercial purposes, not a nuisance, and kept in accordance with rules adopted by Board. (Section 8.2(d))

Parking & vehicles

Same as work/commercial vehicles: not permitted unless garaged or screened. (Section 8.2(i))

Fences

Fences in front of residence require approval by Developer or ARC. No fence or barrier may be erected without ARC approval. (General approval applies.) (Section 8.2(o), Section 7.2)

Architectural approval

ARC must approve or disapprove within 60 days after submission; if no action, plans deemed approved. (Section 7.3)

Home business

Home professional offices ancillary to other primary offices allowed only in accordance with applicable local zoning ordinances. No business activity of any kind in any building; office in residence used only by occupant is not prohibited. (Section 8.2(e))

Signs & flags

One 'For Sale' sign not more than 5 square feet permitted. No other advertising signs, billboards, unsightly objects. Developer signs exempt during development. (Section 8.2(e))

Setbacks / home size

Building minimum setback lines shall exist in accordance with applicable Memphis and Shelby County ordinances. (Section 8.2(q))

Maintenance

Owner: interior maintenance, painting, repairs, upkeep, drainage maintenance, exterior appearance compliance. Association: common area maintenance (walls, fences, columns, entry, sprinklers, lighting, roadside drainage, landscaping, etc.) a (Section 5.1, Section 5.2, Section 6.2(e))

Insurance

Board shall obtain insurance for all insurable improvements including Common Area, public liability policy, errors and omissions policy, and other coverages deemed necessary. Premiums common expenses. (Section 9.1)

Use restrictions

Lots shall be used for private residential purposes only. Home professional offices ancillary to primary office may be maintained in accordance with local zoning. (Section 8.1)

Voting & meetings

Each lot owner one vote per lot; Developer gets three votes per lot for first five years after first lot conveyance, then one vote per lot. Multiple owners of a lot must agree on vote. (Section 3.2, Exhibit D Article II Sectio)

Amendments

Declaration may be amended by instrument signed by Owners holding not less than 67% of votes of membership. Amendment must be recorded. During first 5 years, must also be approved by Declarant. Declarant may unilaterally amend during first (Section 10.1)

Amenities

Common Area includes Lake Vernell (recreational). Association maintains walls, fences, columns, entry, sprinklers, lighting, roadside drainage, landscaping, etc. (Section 2.2, Section 6.2(e), Exhibit D A)

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