Reserve at Spencer Creek Homeowners Association

Key facts from Reserve at Spencer Creek Homeowners Association's documents

Community type

Homeowners Association

Legal name

The Reserve at Spencer Creek Homeowners' Association, Inc.

Units / lots

Determined by Plat of Section U (Article I(j) (DOC 16488))

Governing law

Tennessee Nonprofit Corporation Act (Article I, Section 1.1 (DOC 15890))

Assessments & dues

Board prepares budget and determines common expenses (Article VII, Section 7.1 (DOC 15890); Ar)

Special assessments

Not explicitly defined; fines treated as special assessment (Article VI, Section 3 (DOC 16488))

Collections & liens

Not detailed in provided excerpts (No provision found)

Reserves & fees

Reserve fund for replacements may be established (Article VII, Section 7.1 (DOC 15890))

Use restrictions

Lots used only for single-family residential purposes (Article VI, Section 4(a) (DOC 16488))

Voting & meetings

Two classes: Class A (owners, 1 vote per unit) and Class B (Declarant, 3 votes per unit until conversion) (Article II, Section 2.2 (DOC 15890); Art)

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