Oakhurst Subdivision Homeowners Association

Key facts from Oakhurst Subdivision Homeowners Association's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Second Amendment creates Oakhurst Villas)

Units / lots

103 initial lots; 57 lots (47R-103R) subject to Second Amendment (Original Declaration (103 lots); Second )

Governing law

Tennessee Nonprofit Corporation Act (Second Amendment, Exhibit B, Charter)

Assessments & dues

Set annually by Board; first year determined by Developer (Second Amendment, Article V, Sections 3 )

Special assessments

Allowed for capital improvements with assent of 3 Board members (Second Amendment, Article V, Section 4)

Collections & liens

Yes; assessments become a continuing lien, Association may foreclose (Second Amendment, Article V, Sections 1 )

Reserves & fees

10% per annum interest on delinquent assessments (Second Amendment, Article V, Section 8)

Pets

Only household pets such as dogs and cats (Article XII)

Parking & vehicles

Prohibited overnight unless permitted by rules promulgated by Developer (Article XV 15.2(12))

Fences

Require approval; chain link only in rear yard with express approval (Article XIV)

Architectural approval

Yes; Developer approves plans before construction; may transfer rights (Article VII; Second Amendment transfers )

Home business

Limited; home-based businesses allowed if no significant increase in traffic, no exterior signs, not apparent from exterior, subject to Developer approval (Article XV 15.2(8))

Signs & flags

One sign not more than 5 sq ft for sale/rent; builder signs during construction; no business signs (Article XI; Article XV 15.2(8))

Setbacks / home size

Per applicable zoning; eaves, steps, open porches not considered part of building (Article V)

Use restrictions

Yes; all lots designated residential (Article IV)

Voting & meetings

Class A (homeowners): one vote per lot; Class B (Developer): three votes per lot until September 1, 2015 or all lots sold (Second Amendment, Article III, Section 2)

Amendments

Original: by vote of 2/3 of owners; Developer may unilaterally amend for FHA/VA qualification within 12 months; later amendments require owner consent (as per Second Amendment signed by specific owners) (Original Article I and Article XVI; Seco)

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