Stockton Place

Key facts from Stockton Place's documents

Reflects the 2012 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

planned residential community (Title: "a Planned Residential Community")

Developer / declarant

NSH Corp., an Alabama corporation, d/b/a Signature Homes (Recitals, DOC 121217)

Governing law

Alabama Code of 1975, Section 22-25B-1 et seq. (for sewer system); general law applicable to planned communities (Recitals in DOC 121177; See also DOC 121)

Age restriction

not present (N/A)

Assessments & dues

By Association in accordance with Article 8; uniform rate among lots (Section 8.1, 8.2)

Special assessments

allowed per Section 8.5 (Section 8.5)

Collections & liens

Association has a lien on each Lot for unpaid assessments; lien may be foreclosed; subordination to first mortgages (Section 7.1, 7.4, 7.5)

Reserves & fees

Association may create reserves as part of Common Area Expenses (Section 1.11, 8.1(b))

Fences

subject to ARC approval (as an Improvement) (Section 4.5(a), Section 1.19)

Architectural approval

yes, ARC approval required for any improvements affecting exterior appearance, including construction, alteration, painting, etc. (Section 4.5(a))

Maintenance

Owner (part of Dwelling) (Implied from Section 6.1 and definition )

Use restrictions

implied by definition of Dwelling as single-family detached residential housing unit (Section 1.17)

Voting & meetings

Each Owner (Member) entitled to vote per Bylaws; Developer retains exclusive voting rights until Turnover Date as long as there is any Lot without a Dwelling (Section 5.3; also Recitals on Developer )

Amendments

Developer may amend prior to Turnover Date; after Turnover Date, Association may amend with vote of at least 67% of all Owners; restrictions apply (Article 10, especially Sections 10.2 and)

Amenities

Development Entrance Area, Landscape Buffer Area; no pool, clubhouse, etc. mentioned (Section 1.16, 1.20)

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