Chestnut Hill (TN)

Key facts from Chestnut Hill (TN)'s documents

Reflects the 2015 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (HOA) - Single Family Subdivision (Article I, 1.01, 1.04, 1.08)

Legal name

Chestnut Hill Homeowners Association, Inc. (Article I, 1.01)

Units / lots

20 residential lots (Recitals; Article I, 1.04)

Developer / declarant

Magnolia Homes, Inc., a Tennessee corporation (Article I, 1.02)

Assessments & dues

Maximum $300.00 per Lot per year until 2018; after 2018 determined as set out herein (by Board of Directors) (Article VI, 6.10)

Special assessments

May be levied with assent of Members representing two-thirds (2/3) of total votes eligible to be cast (Article VI, 6.03)

Collections & liens

Unpaid assessment becomes a continuing lien on the Lot; Association may foreclose via public sale after 21 days advertising; sale subordinate to prior recorded first mortgage; proceeds apply to expenses, taxes, first mortgage, then Associat (Article VI, 6.05, 6.07, 6.08)

Reserves & fees

Mentioned as part of annual expenses: 'funding all reserves established by the Association, including, when appropriate, a general operating reserve and/or reserve for replacements' (Article VI, 6.02(d))

Pets

Yes, dogs and cats or other household pets may be kept, but not bred or kept for commercial purposes (Article VIII, 8.02(g))

Leasing & rentals

Not expressly prohibited; lots must be used for private residential purposes, which could include rental (Article VIII, 8.01)

Parking & vehicles

Not explicitly prohibited except for tractor/trailer; but driveway restriction implies street parking may be allowed? However, no tractor or trailer in street. Association can regulate parking generally (Article IV, 4.01(b); Article VIII, 8.02()

Fences

No front yard fence unless otherwise provided; location must be approved; materials: cedar wood, masonry brick, or combination, or ornamental iron; if wood facing street, must be 6' cedar capped wood fence; all fences must be maintained (Article V, 5.03; Article VIII, 8.02(q))

Architectural approval

Yes, for any structure, fence, barrier, material change in exterior appearance; also for new uses (Article VII, 7.02)

Solar & roof

Roofing shall be architectural shingles with at least 25 year warranty; all colors must be approved in writing by Architectural Committee (Article VIII, 8.02(t))

Home business

Not explicitly allowed; prohibited uses include 'obnoxious or offensive trade or activity' and no commercial activity generally (Article VIII, 8.02(k))

Signs & flags

No advertising signs except two (2) of not more than six (6) square feet 'for sale' signs per Lot; Developer's signs excepted during development (Article VIII, 8.02(dd))

Setbacks / home size

No building nearer than 30 feet from any street right-of-way; also must comply with City of Collierville and County zoning; Architectural Committee may waive setback but not less than minimum required by Collierville (Article VIII, 8.02(p))

Maintenance

Not explicitly stated, but part of exterior maintenance of the Lot; owner responsible for maintenance and repair of roof per Article V, 5.02 (Article V, 5.02)

Insurance

Association shall keep all insurable improvements and fixtures of Common Area insured against fire for full replacement cost; may obtain other hazard insurance; may insure any other property owned by Association (Article V, 5.05)

Use restrictions

Yes (Article VIII, 8.01)

Voting & meetings

Each Lot owner entitled to one (1) vote per Lot owned; Declarant entitled to ten (10) votes per Lot owned (Article III, 3.02)

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