Clearwater Cove on Norris Lake Community Association

Key facts from Clearwater Cove on Norris Lake Community Association's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Clearwater Cove on Norris Lake Community Association, Inc.

Developer / declarant

Emerson Properties, LLC

Assessments & dues

Board budgets and allocates Common Expenses per Section 8.1; assessments levied per Section 8.6. (Sections 8.1, 8.6)

Special assessments

Allowed by Board; Section 8.4; also Board may levy special assessment for insurance shortfall without Member vote per Section 7.3(c). (Sections 8.4, 7.3(c))

Collections & liens

Association has lien for assessments per Section 8.8. (Section 8.8)

Reserves & fees

Board may budget for reserves per Section 8.3. (Section 8.3)

Leasing & rentals

Yes; Units may be leased only in their entirety; leases must be in writing. (Section 3.1(c))

Architectural approval

Prior written approval required for all Work (site work, landscaping, structures, improvements visible from outside). (Article IV, Section 4.2(a), 4.3(b))

Home business

Allowed if: not apparent from outside, conforms to zoning, no regular client visits or door-to-door solicitation, consistent with residential character. (Section 3.1(b))

Signs & flags

Association may regulate time, place, and manner of signs but not content of political signs. (Section 3.5(b))

Insurance

Deductible allowed; treated as Common Expense unless loss caused by negligent/willful Owner, then may be assessed to that Owner. (Section 7.3(b))

Use restrictions

Units shall be used only for residential, recreational, and related purposes consistent with Governing Documents. (Section 3.1(a))

Voting & meetings

Class 'A' Members (all Owners except Declarant) have one vote per Unit; Class 'B' Member (Declarant) has special rights and can appoint board during Declarant Control Period. (Section 6.3)

Amendments

Amendment per Section 18.2; specific restrictions in 3.1 may only be amended per 18.2. (Sections 18.2, 3.1)

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