Elder Cove Homeowners Association

Key facts from Elder Cove Homeowners Association's documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (single-family detached homes) (Section 1.01, Section 3.02)

Legal name

Elder Cove Homeowners Association, Inc. (Section 1.01)

Units / lots

At least 66 lots (references to Lots 1-66 and specific mention of Lots 42-46 and 66) (Sections 2.04, 3.05, 3.17, 3.30, 3.31)

Assessments & dues

Until election of non-Developer board, Developer sets and may adjust. Thereafter Board sets annual budget and assessment amount. (Section 5.03)

Collections & liens

Association has a lien on each Home Site and improvements for unpaid assessments, including costs and attorney's fees. Lien may be foreclosed as other liens in Tennessee. (Section 5.08)

Home business

Prohibited if involves employees, clients, deliveries, or is inconsistent with ordinary residential uses (Section 3.03)

Use restrictions

All Home Sites shall be used for single-family residential purposes; no business or commercial activity (Section 3.02, 3.03)

Voting & meetings

Not detailed in this Declaration (see Bylaws) (References to Bylaws)

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