804 South Fourth Street Townhomes

Key facts from 804 South Fourth Street 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

Legal name

804 South Fourth Street Townhome Owners Association, Inc. (Article I, Section 1)

Developer / declarant

Rimer Development, LLC, a NC limited liability company (Opening paragraph)

Governing law

North Carolina Planned Community Act (Chapter 47F of the North Carolina General Statutes) (Whereas clause; Article I, Section 10)

Assessments & dues

Board adopts proposed annual budget at least 90 days before fiscal year. Provides summary and notice of meeting to owners. Budget ratified unless majority of all Lot Owners rejects it. If rejected, prior budget continues until new budget ra (Article VI, Section 2)

Special assessments

Allowed for capital improvements, provided such assessment has the assent of a majority of the members of the Association. (Article VI, Section 3)

Collections & liens

The Association may file a lien against a Lot when any Assessment remains unpaid for 30 days or longer. The lien is prior to all liens except prior recorded mortgages and tax liens. Foreclosure may be in like manner as a mortgage under powe (Article VI, Sections 8(a)-(f))

Reserves & fees

The Association may establish and collect late fees for delinquent installments. (Article VI, Section 7)

Pets

Yes, dogs, cats, or other household pets may be kept or maintained provided they are not kept for commercial purposes, are not allowed to run free, are at all times properly leashed or under control of their owner, and do not become a nuisa (Article VII, Section 3(e))

Parking & vehicles

Not explicitly addressed; campers, trailers, motor homes, tractor/trailers are prohibited from remaining on Lots. Inoperable vehicles prohibited. (Article VII, Section 3(d))

Fences

Design, placement, and materials of any fence must be approved by Declarant, Board, or Architectural Control Committee. (Article VII, Section 2(b))

Architectural approval

Yes, for any dwelling, wall, fence, other structure, exterior addition or change, including painting. Plans must be submitted and approved in writing as to harmony of external design and location. Approval by Declarant (during control) or B (Article VII, Section 1)

Solar & roof

Not explicitly addressed; subject to ARC approval generally for exterior changes.

Home business

Not explicitly addressed; residential use only may restrict business operations.

Signs & flags

Not explicitly addressed. Mailboxes must be uniform in design (Article VII, Section 2(b)).

Setbacks / home size

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

Maintenance

Association shall maintain all exterior maintenance to include the roof. (Article IV, Section 5(A))

Use restrictions

Lots shall be used for residential purposes only. (Article IV, Section 7)

Voting & meetings

One vote for each Lot owned. Members are all Owners except the Declarant. When more than one person holds an interest, vote is exercised as they determine, but no more than one vote per Lot. Fractional voting prohibited. (Article IV, Section 3)

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