Farms at Bailey Station

Key facts from Farms at Bailey Station's documents

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

Community type

planned subdivision with homeowners association (Article I Section 1 (Association) and ov)

Legal name

FBS LOT 3 PROPERTY OWNERS ASSOCIATION, INC. (Article I Section 1 and Bylaws Article I)

Assessments & dues

Not fixed; determined by Board (Article VI Section 4)

Reserves & fees

Regular assessments must include reasonable amounts held in separate trust account for future periodic maintenance, repair, or replacement of Common Areas (Article VI Section 11)

Pets

Yes, dogs, cats, or other household pets (exclusive of reptiles, horses, livestock, swine, poultry) may be kept (Article X Section 2(f))

Parking & vehicles

No automobile or other vehicle shall be continuously or habitually parked on any street or right-of-way (Article X Section 2(l))

Fences

All new fences must be approved by Developer or Board; any change to existing fences also requires approval (Article X Section 2(d))

Architectural approval

No structure or improvement shall be commenced, erected, placed, moved onto, or altered in any way that materially changes exterior appearance without written consent of Developer (Article IX Section 1)

Signs & flags

All new signs must be approved by Developer or Board; any change to existing signs also requires approval (Article X Section 2(i))

Setbacks / home size

Setback lines shall be no less than those required by applicable governmental regulations and no less than shown on Subdivision Plat (Article X Section 2(m))

Use restrictions

No Lot shall be used except for purposes permitted by R-1 Zoning Regulations of Town of Collierville; essentially single-family residential (Article X Section 1)

Voting & meetings

One vote per Lot owned; Developer's vote outweighs aggregate of all other Members until control transferred (Article II Section 3)

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