The Grove Community Association, Inc.

Key facts from The Grove Community Association, Inc.'s documents

Reflects the 1977 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Homeowners Association) (Article I Section 1)

Legal name

The Grove Home Owners Association, Inc. (also The Grove Homeowners Association, Inc.) (Article I Section 1; ARB application hea)

Developer / declarant

Thompson S. Baker, Guy W. Botts, Robert P. Crisp, James Fentress, John A. Gilliland, W. Wilson Munnerlyn, J. P. Thornton, James H. Winston and William S. Woods as Trustees of Barnett Mortgage Trust (Declaration, opening paragraph)

Special assessments

For capital improvements on Common Area, approved by 2/3 of each class voting at a meeting (Article IV Section 5(b))

Collections & liens

Unpaid assessments plus interest, costs, attorney's fees constitute a continuing lien on the Lot and Townhouse; Association may foreclose like a mortgage lien and has power of sale. Lien subordinate to first mortgages held by Institutional (Article IV Section 8, Section 9)

Reserves & fees

Board may establish a repair and replacement reserve from member contributions (common expense). Funds deposited in insured accounts or US obligations; may only be used for designated capital improvements. Full replacement value determined (Article XIV)

Pets

Dogs, cats, or other household pets allowed provided not kept for commercial purpose; subject to Bylaws regulation (Article IX Section 8)

Use restrictions

Property restricted to residential dwellings; no professional, business, or commercial activity (except Declarant model/sales office, Association activities) (Article IX Section 1, Section 9)

Voting & meetings

Two classes: Class A (owners except Declarant) one vote per Lot; Class B (Declarant) three votes per Lot. Class B converts to Class A 3 years after Class A votes equal/exceed Class B, or after Declarant sells last Lot, whichever first, but (Article III Section 2)

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