Green Gables Townhomes Homeowners Association

Key facts from Green Gables Townhomes Homeowners Association's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Unit Development (Townhomes) (Title)

Legal name

Green Gables Townhomes Homeowners Association

Units / lots

Original: 12 lots (Lots 18-27, 36, 37). Amendment: Phase 1 includes Units 5 through 10 (6 units) on a new plat. (Original Exhibit A (page 13), Amendment )

Developer / declarant

Green Gables Partnership, with principal offices at 200 Kelso Way, #124, Knoxville, TN 37923, mailing address PO Box 6746, Sevierville, TN 37864-6746 (Preamble)

Assessments & dues

Until Jan 1, 2003: no assessment charged by HOA (Declarant responsible for common area maintenance). Until Jan 1, 2002: maximum $25/month for common area maintenance + $10/month for roof reserve. Until Jan 1, 2005: maximum $35/month per imp (Declaration Article IV Section 3)

Special assessments

May be levied for capital improvements, natural disaster, etc., with assent of two-thirds (2/3) of votes at a meeting; uniform rate for all lots; may be collected monthly or lump sum. (Declaration Article IV Section 4)

Collections & liens

Assessments constitute a continuing lien on the lot and a personal obligation of the owner. Association may foreclose or sue. Attorney fees, court costs, etc. added. Lien subordinate to first mortgage. Foreclosure extinguishes prior assessm (Declaration Article IV Sections 1, 8, 9)

Reserves & fees

Roof replacement reserve of $10 per month per lot until January 1, 2002 (mentioned in assessment schedule). No other reserve requirement detailed. (Declaration Article IV Section 3)

Voting & meetings

One vote per lot; members determine how vote is cast if multiple owners; Declarant gets one vote per lot owned (Declaration Article III Sections 3 and 4)

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