Carolina Commons (IN)

Key facts from Carolina Commons (IN)'s documents

Reflects the 1983 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Carolina Commons

Developer / declarant

WWBC Levelopment Company, Inc.

Assessments & dues

No specific amount stated; assessments determined by Committee for maintenance of common areas after 40 lots sold (Article V Section 1)

Collections & liens

Unpaid assessment becomes a continuing lien on the lot; Committee may foreclose; personal obligation remains with owner unless assumed by successors; sale or transfer does not extinguish lien (except foreclosure of first mortgage) ; costs a (Article V Section 2)

Reserves & fees

Interest at rate allowed by law on judgments, but no less than 12% per annum from date of delinquency (Article V Section 2)

Pets

Yes, dogs, cats or other household pets may be kept, but not for commercial purpose (Article IV Section 13)

Parking & vehicles

No commercial vehicle shall be kept upon the Properties except in enclosed garages (Article IV Section 17)

Fences

Fences subject to architectural control (Section 1); additionally, no fence that obstructs sight lines at intersections (Article VIII Section 4) within triangular area 2-6 feet above street (Article IV Section 1; Article VIII Secti)

Architectural approval

Yes, prior written approval required for buildings, fences, walls, structures, exterior alterations, additions, changes; also for swimming pools, tennis courts, other structures (Article IV Sections 1, 6, 7)

Home business

Allowed only if incidental to owner's business, profession or occupation; cannot be conducted regularly (Article IV Section 20: "No home occupati)

Signs & flags

No signs except one sign of not more than 5 sq ft advertising property for sale or for rent, or builder signs during construction and sales period; no home occupation signs (Article IV Section 19)

Setbacks / home size

No building between building set back lines and right-of-way lines as shown on Plat; no building closer than 10 feet to side lot lines; for multiple lots, side boundary of multiple lots applies (Article IV Section 2)

Use restrictions

All Lots reserved for residential use only; only one single-family residence per lot (Article IV Section 3: "All Lots are rese)

Voting & meetings

Lot owners elect majority of Committee members; Committee decisions by majority of members present (quorum majority) (Article III Section 1)

Amendments

By 2/3 of lot owners, recorded; Declarant may amend until 40 lots sold if still has ownership interest; rights of Declarant cannot be amended without Declarant's written approval (Article VIII Section 2)

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