Trails at Spring Creek Ranch

Key facts from Trails at Spring Creek Ranch's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Development (Title and Recitals)

Legal name

The Trails at Spring Creek Ranch Planned Development

Units / lots

45 residential lots plus 3 common open spaces (C.O.S.) (Exhibit A (Plat): 'NUMBER OF LOTS: 45 RE)

Developer / declarant

CREEKSIDE HOMES LLC, a Tennessee limited liability company (Preamble; Article I, Section 4)

Assessments & dues

Before control transfer: set by Declarant at its sole discretion. After control transfer: determined by Board of Directors at least 30 days in advance of each annual assessment period. (Article VII, Section 2(c) and (d))

Special assessments

Yes, may be levied for construction, unexpected repair, replacement of capital improvement, or other purposes approved by Declarant or Board. Requires assent of Members representing 2/3 of total eligible votes. Written notice 10-30 days in (Article VII, Section 3)

Collections & liens

Unpaid assessments become a continuing lien on the Lot. Board may foreclose by public sale after 21 days advertisement in a newspaper. Proceeds: first expenses/attorney fees, then taxes/mortgages, then Association, balance to owner. Persona (Article VII, Sections 1, 6, 7, 8)

Reserves & fees

Association may fund reserves including a general operating reserve and/or reserve for replacements (Article VII, Section 2(a)(4)). Also Bylaws Article V, Section 1(a): 'establishing reserves for repairs or replacements.' (Article VII, Section 2(a)(4); Bylaws Art)

Pets

Yes, dogs, cats, and other household pets may be kept provided they are not bred or kept for commercial purposes. (Article X, Section 17)

Signs & flags

One 'For Sale' or 'For Rent' sign per Lot, not more than 6 square feet. No billboards, unsightly objects, or nuisances. No permanent in-ground flag poles or permanently flown flags. (Article X, Section 13)

Voting & meetings

Each Lot is entitled to one (1) vote. Declarant has 100 votes per Lot owned for the first 10 years after first Lot conveyance; thereafter one vote per Lot. After control transferred, one vote per Lot. Declarant's vote outweighs aggregate of (Article III, Section 3; Bylaws Article I)

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