Village at Strathmore

Key facts from Village at Strathmore's documents

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

Community type

Covenant / Planned Community

Legal name

The Village at Strathmore

Developer / declarant

Collierville Land Company

Assessments & dues

Not fixed; initially set by Declarant, subsequently by Board of Directors (Article 6.02)

Special assessments

Allowed with assent of two-thirds (2/3) of total votes eligible to be cast; Declarant may also declare special assessment for clubhouse and related improvements (Article 6.03)

Collections & liens

Unpaid assessment becomes a continuing lien; may foreclose by public sale after 21 days advertisement (3 weekly publications) and written notice; sale free from all rights of redemption; proceeds applied to expenses, taxes, prior mortgages, (Article 6.06, 6.07)

Reserves & fees

Board may fix a penalty or 'late charge' (Article 6.06)

Voting & meetings

Each lot owner one vote per lot; Declarant entitled to 59 votes per lot owned (Article 3.02)

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