Kensington Downs Homeowners Association

Key facts from Kensington Downs Homeowners Association's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

planned unit development (Page 165 (WHEREAS, Declarant intends … t)

Legal name

Kensington Downs Homeowners Association, Inc. (Article I, Section 3, Page 166)

Developer / declarant

Clayton Properties Group, Inc. d/b/a Goodall Homes (Page 165 (THIS DECLARATION … made … by C)

Governing law

Tennessee non-profit corporation law (implied) (Page 165-166 (Tennessee non-profit corpo)

Assessments & dues

Board prepares budget at least 60 days before fiscal year, Base Assessment computed by dividing budgeted Common Expenses by total number of Lots subject to assessment as of 60 days before end of current fiscal year. (Article X, Section 2, Page 181)

Special assessments

Requires affirmative vote or written consent of at least 51% of total vote and written consent of Class B member (if exists). Board may also levy Special Assessment against individual Member without vote for noncompliance costs after notice (Article X, Section 4, Pages 181-182)

Collections & liens

Lien for assessments, late fees, interest, costs, attorneys' fees. Power of sale: after 20 days' notice by three publications in Sumner County newspaper, sale at courthouse door. The Association may bid. Proceeds applied: (1) costs, (2) tax (Article X, Section 5(a)-(f) and Section )

Reserves & fees

Board may include capital contribution in budget for repair/replacement of assets. (Article X, Section 6, Page 183 (Board ma)

Leasing & rentals

Yes, Owner may lease Lot and delegate rights to lessee. (Article II, Page 168 (An Owner who lease)

Architectural approval

Yes, for any exterior change, alteration, modification, construction, or change of grade/slope on a Lot. Declarant may overrule ARC during Class B Control Period. (Article XI, Page 186)

Signs & flags

Not explicitly mentioned; subject to ARC approval for exterior changes. (Article XI, Page 186 (ARC approval requi)

Maintenance

For SF Attached Lots: Association maintains roofs (non-structural components). For other Lots: Owner maintains. (Article IV, Section 1(b) (Association ma)

Insurance

Reasonable deductible; paid by party liable for loss/repair in absence of insurance. For SF Attached Lots, deductible may be apportioned equitably by Board. (Article V, Section 1, Page 173; Section )

Use restrictions

Lots intended for single-family residence use. (Article I, Section 23 (Residential Lot d)

Voting & meetings

Class A: 1 vote per Lot. Class B (Declarant): 1 vote per Lot owned + 4 additional votes per each vote outstanding in favor of any other person or entity until end of Class B Control Period. Only one vote per Lot for Class A. (Article III, Section 2(a) and (b), Pages)

Amendments

Declarant may amend unilaterally to remove property. For other amendments, not detailed in excerpt; Article VIII, Section 4 prohibits amendment of that Article without Declarant consent during Class B Control Period. (Article II (Declarant reserves right to )

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