Asher Village

Key facts from Asher Village's documents

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

Community type

single-family residential subdivision (3.02 Home Site Residential Use)

Legal name

Asher Village

Governing law

Laws of the State of Tennessee (10.08 Law Governing)

Assessments & dues

$200.00 per year (initial) (5.01)

Special assessments

Yes, for construction, reconstruction, repair, replacement of Common Properties, capital improvements; board needs majority vote for >$5,000, 2/3 vote for >$10,000; urgent repairs allowed without approval (5.04)

Collections & liens

Automatic lien on each home site for assessments; may be foreclosed as other liens in Tennessee (5.01, 5.08)

Reserves & fees

Interest from due date at rate set by Board (not specifically called late fee, but interest) (5.01)

Pets

Yes, but livestock/prohibited animals not allowed (3.09)

Leasing & rentals

Originally prohibited (except by Developer); amended to allow at Board discretion with conditions (3.16 (original and amendment))

Parking & vehicles

Prohibited: 'No house trailer or other such vehicle' stored; likely includes RVs (3.11)

Fences

Fences must be wrought iron, wooden or vinyl picket privacy fences, not exceeding 6 ft in height; chain link and wire fences prohibited (3.06)

Home business

Prohibited: no business service or commercial activity where patrons or customers come and go or commercial deliveries made (3.03)

Signs & flags

Only a customary 'For Sale' sign to facilitate sale of owner's personal residence is allowed; no other signs (3.08)

Setbacks / home size

1,000 square feet of finished and heated living area, exclusive of open porches, screened porches, carports, garages, basements (3.04)

Maintenance

Owner maintains home site and home; Association maintains Common Properties (including fences, signs, walls, sidewalks, etc.) (2.04, 3.13)

Use restrictions

All home sites are residential; no business/commercial activity with patrons, deliveries, etc. (3.02, 3.03)

Voting & meetings

Members (Owners) vote; amendment requires 3/4 vote of Owners represented at meeting; budget increase >10% requires 2/3 vote of Members present/proxy (10.02 B; 5.03)

Amendments

Before transition: Developer may amend unilaterally. After: Requires 3/4 vote of Owners represented at annual or special meeting, then recording with certificate (10.02)

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