Thrasher Landing Homeowners' Association

Key facts from Thrasher Landing Homeowners' Association's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners association for single-family detached dwellings (Art. I, §1.02; Art. III, §3.02)

Units / lots

21 (Lots 1 through 21) (Exhibit A: Lots One (1) through Twenty-O)

Governing law

Tennessee nonprofit corporation law (WHEREAS clause; Art. I, §1.02)

Assessments & dues

Not fixed; initially set by Developer, then by Board; may be changed by 75% vote of Members (Art. V, §5.03)

Special assessments

May be levied for capital improvements; requires assent of 66 2/3% of Members present at duly called meeting (Art. V, §5.04)

Collections & liens

Each assessment is a continuing lien on the Lot; may be foreclosed as other liens in Tennessee; Association may foreclose for nonpayment (Art. V, §5.01; §5.08)

Reserves & fees

Not specifically named; unpaid assessments bear interest at rate set by Developer or Board (Art. V, §5.01)

Pets

Dogs, cats, other household pets permitted; no poultry, livestock (Art. III, §3.20)

Leasing & rentals

Yes, long-term leases permitted (minimum 6 months) (Art. III, §3.49)

Parking & vehicles

Prohibited for Lot owners; request to keep cars off curbs (Art. III, §3.36; §3.22)

Fences

Fences only with prior written consent; wire/chain link prohibited; submit materials, design, height, location (Art. III, §3.12)

Architectural approval

Yes; all buildings, structures, fences, exterior changes, repainting, tree removal, grading must be approved (Art. IV, §4.01(C))

Home business

Permitted only if not detectable from outside, conforms to zoning, no customer visits, consistent with residential character; leasing not considered business (Art. III, §3.03)

Signs & flags

One 'for sale' sign and one builder sign per lot, form approved; no other signs except by approved standards (Art. III, §3.15)

Setbacks / home size

Setbacks established by ARC per lot, may vary; not less than applicable zoning; variances possible for good cause (Art. III, §3.05)

Maintenance

Owner maintains structures including roof (implicitly) (Art. III, §3.37)

Use restrictions

All Lots are residential; no structure other than single-family dwelling unless provided (Art. III, §3.02; §3.03)

Voting & meetings

Each Owner is a Member of the Association; Developer retains special voting rights as per Bylaws until transfer of control (Art. II, §2.02; Art. V, §5.03; Art. V, §)

Amendments

Before transfer of control: Developer may amend unilaterally. After: requires 75% vote of Members present or proxy at meeting; notice to mortgagees if rights affected; recorded with Recorder (Art. X, §10.02)

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