Village of Summer Meadows Homeowners Association

Key facts from Village of Summer Meadows Homeowners Association's documents

Reflects the 1998 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Definition 1.01: 'Association shall mean)

Legal name

Village Of Summer Meadows Homeowners Association

Developer / declarant

Summer Meadows II, LLC (Preamble: 'THIS DECLARATION, made on the)

Governing law

Tennessee Non Profit Corporation Act (Tennessee Code Annotated, Sections 48-51-101 et seq.) (Articles of Incorporation Article VII: ')

Assessments & dues

Maximum $150.00 per Lot until January 1 after recording, then adjustable as per limits. (Declaration 5.03: 'the maximum annual as)

Special assessments

May be levied for capital improvements with 2/3 vote of each class of members. (Declaration 5.04)

Collections & liens

Assessments are a continuing lien on the lot. Association may foreclose lien or bring action at law. Lien subordinate to first mortgage. Foreclosure extinguishes prior assessment liens. (Declaration 5.01, 5.08, 5.09)

Pets

Yes, dogs, cats or other household pets may be kept, but not for commercial purposes. (Declaration 7.02(b))

Home business

Prohibited. 'No business activity of any kind whatsoever shall be conducted in any building or in any portion of said Property.' (Declaration 7.02(c))

Signs & flags

Only one 'For Rent' or 'For Sale' sign per lot, not exceeding five (5) square feet. Declarant may have signs during development. (Declaration 7.02(c))

Use restrictions

Yes. 'No Lot shall be used except for residential purposes only.' (Declaration 7.01)

Voting & meetings

Two classes: Class A (owners, 1 vote per lot) and Class B (Declarant, 5 votes per lot). Class B converts to Class A when Class A votes equal Class B votes or on October 1, 2008, whichever earlier. (Declaration Article 3.02; Articles of In)

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