Lake Hiwassee

Key facts from Lake Hiwassee's documents

Reflects the 1987 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

subdivision (Page 1: LAKE HIWASSEE SUBDIVISION and pa)

Units / lots

multiple lots listed in owner schedule (not exact count) (Pages 2-5 contain owner list)

Developer / declarant

Lake Hiwassee Improvement Company (Page 14: See Article V, Section 5 ... La)

Assessments & dues

up to 45 cents per front foot, minimum 50 ft assessed; plus special $100 per property owner (Page 13 (45c per front foot), page 20 (s)

Special assessments

$100 per property owner for purchase of J.M. Young properties; also sanitation assessment set by Board subject to stockholder confirmation (Page 20 (sanitation assessment), page 15)

Collections & liens

Assessment becomes a lien on the lot; Board directed to take judgment and foreclose lien for assessments past due one year (Page 13 (lien), page 20 (Board responsib)

Reserves & fees

$1.00 per month penalty after the first month following due date (Page 20: A penalty at the rate of $1.00 )

Pets

Yes, but with restrictions: all dogs and cats kept permanently must be collared and tagged; all animals must be on leash or in immediate control of member (Page 19: Section 4 (dogs/cats collared),)

Fences

Fences are included in building permit requirement (page 26); must comply with setback? Not specified (Page 26: This also includes the addition)

Architectural approval

Complete plans and building permit required for all new construction, additions, remodeling that alters plot plan, or conversion to living area; must be approved by Building Committee and/or Board of Directors (Page 26-27: Procedure of Application for)

Setbacks / home size

Minimum 25 ft from front end of lot, 15 ft from front line, 5 ft from side lines; also building permit requires 25 ft from front and back property lines (Page 12 (restrictions), page 21 (observe)

Use restrictions

Said lot shall be used for residential purposes only and no business of any nature shall be permitted or conducted thereon. (Page 12: Restriction 1.)

Voting & meetings

one vote per share of stock; stock owned only by lot owners; each lot owner can own one share per lot after special assessment (Page 15: Section 5. ... one vote for eac)

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