Flibeta Boat Club

Key facts from Flibeta Boat Club's documents

Reflects the 1987 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

residential community with permanent parks, playgrounds, open spaces (RECITALS, page 1)

Legal name

Flibeta Boat Club

Developer / declarant

Flibeta Boat Club, Inc.

Assessments & dues

$150.00 per Owner; Special Members pay half ($75.00) (Section 8.03)

Special assessments

For improvements costing more than $3,000; requires approval by two-thirds of Owners at a duly called meeting with 30 days written notice (8.04). (Section 8.04)

Collections & liens

Each Lot is subject to a lien for assessments, including costs and attorney's fees; lien may be foreclosed as other liens in Tennessee (8.01, 8.06). Subordinate to First Mortgages if assessments paid up to recording (9.02). (Sections 8.01, 8.06, 9.02)

Pets

Yes, dogs, cats, and other household pets may be kept in any dwelling unit (7.06). (Section 7.06)

Leasing & rentals

Yes, a member may lease a residence to a renter who becomes a Special Member before taking residence (7.14). (Section 7.14)

Parking & vehicles

Each Owner shall provide parking space off the street, except with express Board consent (7.09). (Section 7.09)

Home business

No commercial or home business permitted (7.03). Association may permit concessions or vending machines on Common Properties. (Section 7.03)

Signs & flags

No sign displayed to public view from any lot or Common Properties without prior written consent of Board (7.05). (Section 7.05)

Setbacks / home size

Minimum of 1200 square feet enclosed dwelling area for new dwelling units (7.15). (Section 7.15)

Maintenance

Board responsible for maintenance, repair, replacement of Common Properties (4.06C). Owner responsible for preventing unkempt conditions on lot (7.07); Board may repair and charge owner (7.07). (Sections 4.06C and 7.07)

Insurance

Association shall maintain liability insurance on common areas for $500,000 (9.05F). Hazard insurance proceeds for losses to Common Properties must be used for repair/replacement (9.05D). (Section 9.05D, F)

Use restrictions

Dwelling unit shall be occupied and used only as a single-family private residence (7.02). (Section 7.02)

Voting & meetings

Two classes: Lot Owners (full voting at annual meeting) and Special Members (restricted to President, VP, Sec-Treas, Board, and common property interests). One vote per Lot or special membership. (Section 3.02)

Amendments

Requires two-thirds vote of Owners present and voting at meeting, then 75% of those responding within 20 days must approve (12.02A-C). Must be recorded in Hamilton County (12.02D). Also requires prior approval of Hamilton County Planning Co (Article XII, Section 12.02)

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