Scarlet Ridge (TN)

Key facts from Scarlet Ridge (TN)'s documents

Community type

Covenant / Planned Community

Legal name

Scarlet Ridge Owners’ Association, Inc.

Developer / declarant

JETZ DEVELOPERS, LLC

Governing law

Tennessee law (Article 1, Section 1.3(i) - Charter esta)

Assessments & dues

Determined annually by Board; not fixed in document (Article 8, Section 8.1)

Special assessments

Requires affirmative vote or written consent of >50% of total votes of affected Lots and Class B Member if exists (Article 8, Section 8.3)

Collections & liens

Association has lien for delinquent assessments, interest, late charges, costs; superior except taxes and first mortgage; may foreclose (Article 8, Section 8.7)

Reserves & fees

Board shall prepare and review at least annually a reserve budget (Article 8, Section 8.2)

Leasing & rentals

Yes; no rule shall prohibit leasing or transfer of any Lot (Article 3, Section 3.4(f))

Architectural approval

Yes, for any structure, improvement, landscaping, exterior alterations; prior written approval required (Article 4, Section 4.1 and 4.2)

Signs & flags

Political signs: content not regulated; time, place, manner restrictions (including design criteria) allowed. Also covers religious signs under holiday decorations. (Article 3, Section 3.4(b))

Maintenance

Owner: Lot and Unit; Association: Area of Common Responsibility (Common Area, public rights-of-way, ponds, etc.) (Articles 5 and 7)

Insurance

Reasonable deductible; treated as Common Expense unless Board determines loss due to negligence of Owner, then assessed against that Owner (Article 7, Section 7.3(b))

Use restrictions

Yes (Article 2 definition of Lots: 'intended )

Voting & meetings

Class A: one vote per Lot for all Owners except Declarant; Class B: Declarant appoints majority of Board during Control Period (Article 6, Section 6.3)

Amendments

Declarant may unilaterally amend while owns any portion. After control period, amendment to terminate requires 2/3 of Owners. Other amendments not detailed. (Articles 9 and 12)

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