Carriage House (TN)

Key facts from Carriage House (TN)'s documents

Community type

Condominium

Legal name

Carriage House Condominium Association

Units / lots

21 (one‑twenty‑first interest per co‑owner) (Master Deed Section 4 and reference to 1)

Governing law

Tennessee Horizontal Property Act, Tennessee Code Annotated, Section 66-27-101 et seq. (Master Deed Section 1(b))

Assessments & dues

Determined annually by board; budget prepared by November 15, notice by December 1; monthly installments of 1/12 due on 10th of each month. (Master Deed Section 14)

Special assessments

Board may levy further assessment if annual budget inadequate; written notice required; effective with payment due more than 10 days after notice. (Master Deed Section 14)

Collections & liens

If co‑owner defaults for 20 days, board may bring suit or foreclose lien; costs and reasonable attorney's fees added. (Master Deed Section 19)

Reserves & fees

Board shall build up and maintain a reasonable reserve for contingencies and replacements. (Master Deed Section 14)

Pets

Yes, but only if not an annoyance or nuisance and if rules are followed. In common elements must be accompanied and under control. (Master Deed Section 6(f))

Leasing & rentals

Yes, after conveyance by developer. (Master Deed Section 6(l))

Parking & vehicles

Trucks, commercial vehicles, and other specified vehicles (boats, trailers, motorcycles, motorhomes, campers, recreational vehicles) may not be parked on common elements. (Master Deed Section 6(j))

Maintenance

Owner responsible for unit interior; board may enter unit for necessary maintenance/reconstruction. If owner fails to maintain unit to protect common elements, board may do so and levy special assessment. (Master Deed Section 8, By‑laws Section 9)

Insurance

Board shall obtain insurance as required or advisable; specific minimum liability: $1,000,000 bodily injury per accident, $100,000 property damage (reviewed annually). Also workers compensation and fidelity bond. (By‑laws Sections 9(b), 9(d), 9(e), 9(j))

Use restrictions

Each unit shall be used only as a dwelling. (Master Deed Section 6(a))

Voting & meetings

Voting percentage based on aggregate interest in common elements. If multiple owners, voting rights not divided; exercised by proxy or designation. (By‑laws Section 1)

Amendments

Not fully described; but amendment executed by owners of fifteen units demonstrates that amendment requires owners of fifteen units (majority? 15/21). (Amendment (referencing paragraph 24 of M)

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