Pointe Association of Owners, Inc.

Key facts from Pointe Association of Owners, Inc.'s documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Article I.A: 'Association shall mean and)

Governing law

Tennessee Nonprofit Corporation Act (implied by non-profit corporation status under Tennessee laws) (Article II.A.2: 'The Association is a no)

Assessments & dues

Not fixed; to be set uniformly by Board, first assessment adjusted per month (Article III.F: 'Annual assessments must )

Special assessments

Allowed for capital improvements, construction, reconstruction, repair, replacement of Common Area; requires a meeting with notice and quorum (Article III.D: 'levy...a special assessm)

Collections & liens

Assessment becomes a lien on the lot; Association may foreclose through a deed of trust (trustee John W. Rodgers). Personal obligation also exists. (Article III.A.2: 'All assessments...shal)

Reserves & fees

Association shall maintain adequate reserves for maintenance, repair, replacement (Article III.B.2: 'adequate repair and re)

Parking & vehicles

Prohibited for employees, tenants, customers, invitees of lot owners (Article VI.10: 'No owner of any site sha)

Architectural approval

Yes, for any construction, reconstruction, remodeling, alteration or addition to any building (Article IV.A.1: 'No construction, recons)

Home business

Allowed only if approved by Architectural Review Committee (Article VI.1: 'submit unto the Architect)

Signs & flags

Any signage must meet Town of Smyrna's Minimum Design Standards and be approved by Architectural Review Committee (Article VI.5: 'Any signage placed on the)

Setbacks / home size

As shown on recorded plat; actual setbacks determined by Architectural Committee (Article VI.8: 'closer to the street than)

Use restrictions

Not exclusively; commercial activity allowed with approval of Architectural Review Committee (Article VI.1: 'The Architectural Review )

Voting & meetings

Class A (non-developer owners): one vote per lot; Class B (Developer): three votes per lot (Article II.C: 'Class A Members shall be )

Amendments

After initial period, by not less than 51% of Lot Owners; Developer has exclusive authority to amend for 10 years from recording or until all lots deeded, whichever first (Article VIII.C: 'amended by an instrumen)

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