Myers Park (TN)

Key facts from Myers Park (TN)'s documents

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

Community type

Homeowners Association (HOA) (Art. II, Sec. 1 (Myers Park Homeowners A)

Legal name

MYERS PARK HOMEOWNERS ASSOCIATION, INC.

Developer / declarant

BLUE SKY COMMUNITIES, INC.

Assessments & dues

Set by Board initially; not specified in document. First assessment due upon closing for residential sale, or 5 years after sale to Developer Affiliate (Art. VI, Sec. 5)

Special assessments

Allowed with approval of two-thirds of Member votes in attendance at duly-called special meeting (Art. VI, Sec. 9)

Collections & liens

Lien for assessments; subordinate to prior mortgages. Non-judicial foreclosure via trust conveyance to M. Wayne Mink, Jr. or Board President; 21 days publication notice (Art. VI, Sec. 7(iii)-(iv))

Reserves & fees

Capital reserves to be built from initial sales assessment ($300 per Lot) (Art. VI, Sec. 10)

Pets

Dogs, cats, other household pets allowed; not for commercial purposes (Art. VII, Sec. 3(b))

Signs & flags

For sale signs allowed as approved by governmental authorities; no 'for rent' signs, billboards, or commercial signs (except developer/builder signs). Builder may place directional and marketing signs. (Art. VII, Sec. 3(c))

Setbacks / home size

Varies by area: 2,500 sq ft (Areas 9,10,12,16); 2,250 sq ft (Areas 5,11,13,17); 2,200 sq ft (Areas 3,4,8,14,15); 2,350 sq ft (Areas 2,6,7) - all exclusive of open porches or garages (Art. VII, Sec. 2(C))

Use restrictions

All Lots for residential use except Common Area amenities (Art. VII, Sec. 1)

Voting & meetings

One vote per Lot; spouses jointly have one vote; entities must designate a representative. During Developer Control Period, Developer gets 100 votes per Lot owned. (Art. II, Sec. 2 and Sec. 2 last sentence)

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