302 Alabama Avenue Townhomes

Key facts from 302 Alabama Avenue Townhomes's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Developer / declarant

RIMER DEVELOPMENT, LLC

Governing law

North Carolina Planned Community Act (Chapter 47F of the North Carolina General Statutes) (Preamble (page 1); Article IX, Section 9)

Assessments & dues

Determined annually based on adopted budget; no fixed amount stated (Article VI, Section 2 (page 8))

Special assessments

Allowed for capital improvements with assent of a majority of members (Article VI, Section 3 (page 9))

Collections & liens

Unpaid assessments become a lien; Association may foreclose like a mortgage under power of sale (Article 2A, Chapter 45); lien extinguished if not enforced within 3 years of docketing; first mortgage/deed of trust priority (Article VI, Section 8 (page 9-10))

Reserves & fees

Association may establish late fees for delinquent installments (Article VI, Section 7 (page 9))

Pets

Yes: dogs, cats, or other household pets are allowed, provided not kept for commercial purposes, kept leashed/under control, and not a nuisance (Article VII, Section 3(e) (page 11))

Leasing & rentals

Not explicitly addressed; no restriction found (No provision in document)

Parking & vehicles

No camper, trailer, motor/mobile homes, tractor/trailer, or similar type vehicle permitted on any Lot at any time (Article VII, Section 3(d) (page 11))

Signs & flags

Not explicitly addressed; yard statuary/art prohibited, but signs not mentioned (Article VII, Section 3(f) (page 11) – on)

Use restrictions

Lots shall be used for residential purposes only (Article IV, Section 7 (page 6): 'the lot)

Voting & meetings

One vote per Lot owned; fractional voting prohibited; Declarant is not a Member (excluded from voting) (Article IV, Section 3: 'Members shall be)

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