Legacy Preserve Homeowners Association

Key facts from Legacy Preserve Homeowners Association's documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Single-family detached (SF Homes) and attached townhome (zero lot line) subdivision with homeowners association (Article I, Section 19 (Detached Lot and )

Developer / declarant

I. A. Howard and wife, Marilyn Howard and Harney Homes, LLC, a Tennessee limited liability company (Opening paragraph and Article I, Section)

Governing law

Not governed by Tennessee Horizontal Property Act or Tennessee Condominium Act of 2008 (Article I, Section 30: 'It is hereby ack)

Assessments & dues

Set annually by Board based on budget; not a fixed amount (Article VII, Sections 2 and 3: 'Board sh)

Special assessments

Permitted; examples include repair after casualty or governmental requirement (Article V, Section 4) and as generally defined in Article I, Section 4 (Article V, Section 4: 'levy a Special As)

Collections & liens

Association has a lien on any Lot and Improvement to secure assessments; may be enforced in same manner and with same priority as a lien for assessments (Article IV, Section 17). Also Board may suspend voting and common area use (Article II (Article IV, Section 17: 'The Association)

Reserves & fees

Board may establish and maintain reserve fund(s) for maintenance, repair, replacement, and operating contingencies (Article VII, Section 2(g): 'The establis)

Fences

Easement reserved for fencing on lots bordering ponds (Article IV, Section 14(e)). No specific fence rules in excerpt. (Article IV, Section 14(e): 'Declarant...)

Architectural approval

Yes; changes or modifications to structures must be approved by the Improvement Review Committee (IRC) or Board (Article V, Sections 5 and 6). (Article V, Section 5(b): 'Any change or )

Signs & flags

Declarant reserves right to erect signs for promotion and marketing (Article VI, Section 4). No specific restrictions on Owner signs in this excerpt. (Article VI, Section 4: 'erecting and mai)

Maintenance

For Townhomes: Association obtains property insurance covering total replacement cost, implying roof is covered/repaired by Association. For SF Homes: Owner responsible for own insurance and maintenance. (Article IV, Section 13(b): 'obtain and m)

Insurance

Deductible treated as Common Assessment unless Board determines loss due to negligence of an Owner; then that Owner may be assessed (Article IV, Section 13(f)). For Townhome losses, deductible paid by responsible persons (Article IV, Sectio (Article IV, Section 13(f) and Section 13)

Use restrictions

Implied: Lots are 'permitted to be used for single family residential purposes' (Article I, Section 19); no commercial use provision in excerpt (Article I, Section 19: 'any plot of land)

Voting & meetings

One vote per Lot owned; each Owner may cast vote; joint owners cast one vote by proxy and nominee (Article III, Section 4: 'Each Member sha)

Amendments

Not detailed in excerpt; note that Declarant's rights may not be amended without Declarant's consent during Appointment Period (Article VI, Section 1). (Article VI, Section 1: 'may not, without)

Amenities

Common Area includes open space, walking trails, recreational areas, entrance features. No specific pool, clubhouse, lake, gym, gates mentioned in excerpt. (Article I, Section 11: 'Common Area... i)

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