"The Greens" - The Homeowners Speak Out

Thanks for sharing this incident with the community. It has been quiet up on the Fairways end. I would like to clarify your comment on the rules around renting/leasing: only those homeowners who purchased their home prior to January 18, 2007 may rent/lease their units. Anyone who purchased a home in our community after this date is not allowed to rent or lease their unit. For anyone who does not have a copy of our CCRs and By-Laws, please refer to this link: http://www.nashborogreens.com/docs.htm.

SECOND AMENDMENT TO THE DECLARATIONS OF COVENANTS, CONDITIONSAND RESTRICTIONS FORTHE GREENS HOMEOWNERS ASSOCIATION INC.

This SECOND AMENDMENT is made effective upon the date of recording of this instrument in the Registrar’s Office of Davidson County, Tennessee by the Greens Homeowners Association, Inc. (the”Association”)

WHEREAS, the Declaration of Covenants, Conditions and Restrictions of the Association is recorded in Book 11703, Page 581, Registrar’s Office for Davidson County, Tennessee (the “Restrictions”); and

WHEREAS the Members of the Association desire to amend said Restrictions in accordance with Article XIII of the Restrictions by an affirmative vote of at least 67% of the members of the Association;

NOW, THEREFORE, the Members of the Association hereby amend the Restrictions as follows:

Article XII USE RESTRICTIONS, Section U LEASING OF UNITS, Paragraph 2 GENERAL, of the Restrictions is hereby amended by adding the following language in its entirety:
Subject to the provisions of the Covenants, Conditions and Restrictions, any person, corporation or other entity who may purchase a Unit after the date of filing of this Amendment shall have no right to lease the Unit to any third party. No part of the property may be used for purposes other than housing and related common purposes for which the property was designed and is allowed by municipal zoning laws. No Unit may be offered by its owner to the public at large for temporary transient accommodations, nor shall any Owner lease his or her Unit to any third party. Any Owner, as of the date of recording of this Amendment, shall be allowed to lease his or her Unit until such time as said Owner’s Unit is sold to a third party, subject to the provisions of this Article related to Lessing of Units. Thereafter, that Unit must be sold to that third part as a primary residence only.

The restriction set out above shall be enforced and administered by the Association. The Association may levy a fine of not more than five hundred dollars ($500.00) for a breach of any portion of this Section. In addition, nothing herein contained shall be construed as limiting the right of the Association to apply for any injunction or declaratory order to prevent continued breach of the restriction.

IN WITNESS WHEREOF, the Greens Homeowners Association, Inc. has caused this Amendment to the Master Deed to be executed by their duly authorized officers on this day, the 18th of January, 2007.

Amy