Cumberland Mountain Retreat Property Owners Association

Key facts from Cumberland Mountain Retreat Property Owners Association's documents

Reflects the 2011 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Property Owner's Association, Inc. (Tennessee not-for-profit corporation) (Article I: principal office; also preamb)

Governing law

T.C.A. Section 48-58-404 referenced for removal of directors (Article III, Section 10)

Assessments & dues

By vote of not less than two-thirds of the Board of Directors at any regular or special board meeting, or by majority vote of members in good standing in person or by ballot at any annual or special membership meeting (Article V, Section 3)

Special assessments

May be assessed equally to each member for construction, reconstruction, unexpected repair or replacement of common properties; requires affirmative vote of a majority of members in good standing voting in person or by ballot at annual or s (Article V, Section 5; Declaration paragr)

Collections & liens

All dues, assessments, penalties, legal fees and costs are a charge on the land and a continuing lien upon the property; subordinated to first mortgage or first Deed of Trust. Sale/transfer under foreclosure does not relieve property from s (Article V, Sections 7-8; Declaration par)

Reserves & fees

10% per annum from date of delinquency, compounded annually; also in Utility rules: 10% per annum on February 1 after January 1 due date (Article V, Section 7; Utility Section 12)

Pets

Yes, household pets only. (Declaration Section 5: 'No animals or fo)

Leasing & rentals

Not explicitly prohibited; however water service requires customer to be a paid-up member in good standing, which may affect lessees. (Utility Section 12 and Article II, Secti)

Parking & vehicles

Prohibited (park off roadways). (Declaration Section 11)

Architectural approval

Yes, must obtain permit from Board of Directors before erecting a house or moving a mobile home onto any lot, and for any remodeling or room additions. (Declaration Section 2(i))

Setbacks / home size

At least 20 feet from front and rear lines, at least 10 feet from sidelines. For lakes: no sewage disposal within 50 feet of rear lot line or high water mark. (Declaration Sections 3 and 4)

Use restrictions

Lots classified C, D, M, X: residential only. Class XC: camping only. Class R: residential or commercial with board approval. (Declaration Section 1)

Voting & meetings

Each membership (regular or camper) has one vote on matters brought to a vote; co-owners who do not own at least half interest must choose one person to vote; entities other than natural persons designate one natural person to hold membersh (Article II, Section 2(b))

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