Olde Field Green

Key facts from Olde Field Green's documents

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

Community type

Covenant / Planned Community

Legal name

Olde Field Green

Developer / declarant

Olde Field Green, LLC

Governing law

Tennessee Nonprofit Corporation Act (Bylaws, Article I, Section 6, Bylaws, Ar)

Assessments & dues

Initial annual assessment for 2021: $1,000 per Lot, payable at closing. Thereafter determined by Board. (Section 4.2(a))

Collections & liens

All assessments plus late charge and interest secured by lien on Lot. Association may file and foreclose lien by public outcry sale after advertising per Tennessee laws. Sale free from equity of redemption, homestead, etc. Lien priority ove (Section 5.2)

Reserves & fees

Association shall maintain an escrow account with reserves sufficient to cover cost of maintenance of drainage infrastructure, any sewer lift station(s), streets, streetlights and street signs within the Subdivision. (Section 4.5; Section 7.4)

Fences

Fencing included in plans requiring ARC approval. (Exhibit C, Section 1 ('all fencing, driv)

Architectural approval

Yes. No construction or improvements on any Lot without prior written approval of ARC. Plans, specifications, topographical study, samples of exterior colors and roofing must be submitted. (Exhibit C, Section 1)

Setbacks / home size

One-and-one-half-story or two-story: at least 3,500 sq ft heated and cooled living space exclusive of porches, decks, garages, carports, storerooms. Single-story: at least 3,000 sq ft. (Exhibit C, Section 2)

Voting & meetings

Each Lot entitles Owner to one vote. Joint owners have one vote per lot; if they cannot agree, no vote. Cumulative voting prohibited. (Article IV 4.4; Bylaws Article I Section)

Amendments

Until Transfer Notice: Declarant may amend in its sole discretion (but cannot relieve its maintenance obligations). After Transfer Notice: amendment requires instrument signed and acknowledged by Owners of not less than 75% of all Lots, rec (Article VI 6.1, 6.2)

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