Queen's Lace Homeowners Association

Key facts from Queen's Lace Homeowners Association's documents

Reflects the 1999 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Homeowners Association) (Article I, Section 1; Name of Associatio)

Governing law

Tennessee law; foreclosures under deeds of trust per Tennessee laws (Article V, Section 7 of Declaration (as )

Assessments & dues

Board of Directors fixes amount of annual assessment; must be uniform rate for all Lots; may be collected monthly (Article V, Sections 5, 6 of Declaration)

Special assessments

In addition to annual assessments; for capital improvements; requires approval of not less than 60% of votes of members voting in person or by proxy at a meeting called for that purpose (Article V, Section 3 of Declaration)

Collections & liens

Assessments become a lien on the Lot; Association may foreclose in manner of deeds of trust under Tennessee law or bring personal action; lien subordinate to Deed of Trust; sale under foreclosure extinguishes prior assessment liens (Article V, Sections 1, 7, 8 of Declarati)

Reserves & fees

10% of assessment per month after two calendar months of delinquency (as amended) (First Amendment to Article V, Section 7 )

Pets

Household pets allowed; no commercial purpose; must follow rules (Article VIII, Section 3 of Declaration)

Leasing & rentals

Not explicitly mentioned; likely restricted by leasing restrictions

Parking & vehicles

On-street parking prohibited overnight for owners; guest parking allowed for reasonable time but not blocking driveways; vehicles may not be parked on street overnight per city ordinances (Article VIII, Section 5 of Declaration ()

Fences

No fences or walls erected or maintained without written Board approval (Article VIII, Section 2(7)); also 1994 Declaration Section 3: no fence or wall by any other than Developer (Article VIII, Section 2(7) of Declaratio)

Architectural approval

Plans and specifications for any building, fence, wall, other structure, or exterior addition/change/alteration must be submitted to and approved in writing by Board or architectural committee as to harmony of external design and location (Article VI, Section 1 of Declaration)

Solar & roof

Color of roofs and exteriors must be maintained unless change approved by Developer (1994 Declaration Section 12); Third Amendment requires roofs, siding, etc. selected from Board approved standards (1994 Declaration Section 12; Third Amend)

Home business

Limited office use allowed if no active business involving meetings, appointments, deliveries, or shipments; declared customarily incidental to residential use (Article VIII, Section 1 of Declaration)

Signs & flags

No sign without prior written Board consent, except professionally lettered sign advertising Lot for sale (not exceeding size commonly used by Chattanooga Association of Realtors) and professionally monitored alarm system sign (Article VIII, Section 2(1) of Declaratio)

Setbacks / home size

Total area of enclosed living space not less than 1,000 square feet excluding porches, decks, garages (per 1994 Declaration Section 4) (1994 Declaration Section 4)

Maintenance

Not explicitly; part of owner maintenance for their buildings (Article VIII, Section 1)

Use restrictions

Each Lot shall be used for a single family residence and for no other purpose (Article VIII, Section 1 of Declaration)

Voting & meetings

One vote per Lot; when multiple owners, they determine how to exercise vote; only one vote per Lot (Article II, Section 2 of Declaration)

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