517 Sumter Avenue Townhomes

Key facts from 517 Sumter Avenue Townhomes's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Developer / declarant

Marlow Construction, LLC

Governing law

North Carolina Planned Community Act (Chapter 47F of the North Carolina General Statutes) (NOW, THEREFORE, paragraph: subject to th)

Assessments & dues

Not fixed; established based on annual budget adopted by Board. (Article VI Section 2: The annual assessm)

Special assessments

Special Assessment for capital improvements may be levied with assent of a majority of members. (Article VI Section 3: Special Assessment)

Collections & liens

Association may file a lien when assessment unpaid for 30 days; may foreclose like a mortgage under power of sale (Article 2A of Chapter 45). Lien prior to later-recorded liens except tax liens and prior recorded mortgages. Enforcement must (Article VI Sections 7, 8)

Reserves & fees

Common Expenses include allocations to reserves (definition in Section 11 Common Expenses). (Article I Section 11: Common Expenses me)

Pets

Dogs, cats, or other household pets may be kept, but not for commercial purposes. (Article VII Section 3(e): Animals.)

Leasing & rentals

Not explicitly addressed; document does not contain leasing restrictions or requirements. (No mention of leases.) (No provision found.)

Fences

Design, placement and materials of any fence must be approved by Declarant, Board, or ARC. (Article VII Section 2(b): The design, pl)

Architectural approval

Yes, for any structure, exterior addition, change, or alteration (including painting/repainting). (Article VII Section 1: No dwelling, wall)

Solar & roof

No specific colors mentioned; but exterior changes including painting require ARC approval. Also Section 9 of Article IV mentions color, roofing, landscaping must have prior written consent. (Article VII Section 1: including paintin)

Setbacks / home size

Each dwelling shall have a minimum of 1500 square feet of enclosed, heated dwelling area. (Article VII Section 2(a): Each dwelling )

Maintenance

Association maintains exterior including roof (excluding doors and windows). (Article IV Section 5.A: the Association )

Insurance

Association may purchase a Master Policy to cover all improvements including individual Lots, prorated and paid by Lot Owners. (Article V Section 1(f): Master Policy. T)

Use restrictions

Lots shall be used for residential purposes only. (Article IV Section 7: the lots shall be )

Voting & meetings

One vote per Lot; fractional voting prohibited; when multiple owners they determine how to vote but only one vote per Lot. (Article IV Section 3: Members shall be e)

Amendments

Except as provided elsewhere, amendment requires instrument recorded, executed by officers upon unanimous vote of Lot Owners; but Declarant may amend without member approval prior to sale of first Lot, for corrections, to conform to law, et (Article III Section 1 (Declarant amendme)

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