Savannah Place Townhomes

Key facts from Savannah Place Townhomes's documents

Community type

Covenant / Planned Community

Legal name

Savannah Place Townhomes

Assessments & dues

Monthly assessment per lot: $150.00, payable in advance and quarterly. (Section 25.6(c))

Special assessments

Board may levy special assessments for capital improvements, with approval of two-thirds (2/3) of Owners at a duly called meeting, 30 days written notice. (Section 25.6(d))

Collections & liens

Association has a lien on each lot and improvements for unpaid assessments, including costs, attorneys' fees. May be foreclosed as other liens in Tennessee. (Section 25.6(f))

Reserves & fees

Unpaid assessments bear interest from due date to date of payment at a rate set by the Board. (Section 25.6(a))

Pets

Dogs, cats or other household pets may be kept provided they are not kept, bred, or maintained for any commercial purpose and do not constitute a nuisance. (Section 9)

Use restrictions

The lots shall be used for residential purposes only. (Section 1)

Voting & meetings

One vote per lot, owners have full voting privileges at annual meeting. Occupants who are not owners have no vote. Multiple lots owned by same owner each have one vote. (Section 25.2)

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