Arcadia West Owners Association Inc

Key facts from Arcadia West Owners Association Inc's documents

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

Community type

planned community under North Carolina Planned Community Act (N.C. Gen. Stat. Chap. 47F) (WHEREAS, this Declaration creates a plan)

Legal name

Arcadia West Owners Association, Inc. (BK016500PG01444 (WHEREAS) and Section 1.)

Governing law

North Carolina Planned Community Act (N.C. Gen. Stat. Chap. 47F) (WHEREAS)

Assessments & dues

Determined by Board based on adopted budget; no fixed dollar amount in this Declaration (Section 4.3(A))

Special assessments

May be levied for capital improvements or other lawful purpose with assent of at least two-thirds of votes cast at meeting called for that purpose. Uniform rate for all Lots. (Section 4.4)

Collections & liens

Assessment Lien created; may be filed by claim of lien. Foreclosure allowed under §47F-3-116 of the Act. Lien priority: subordinate to tax liens, municipal assessments, and first mortgages recorded before docketing of claim. (Sections 4.1, 4.7(B), 4.7(D), 4.8)

Reserves & fees

Association must establish and maintain adequate reserve fund for periodic maintenance, repair, replacement of improvements to Common Area. (Section 4.10)

Pets

Yes, dogs, cats or other common household pets as determined by the Board. (Section 5.16)

Leasing & rentals

Yes. (Section 5.15)

Parking & vehicles

Oversized vehicles that cannot fit on driveway may park on street adjacent to Owner's Lot during daylight hours only; must be in garage or removed from Property at night. No part of vehicle over sidewalk. (Section 5.5)

Fences

Not specifically addressed; fences are listed as 'Improvements' but no separate rules provided. (Section 1.20 (definition includes fences)

Architectural approval

Yes, prior written approval of Architectural Committee required for exterior changes (including grading, construction, landscaping, signs, antennas, etc.). (Section 3.4, 5.22)

Home business

Home businesses permitted if in accordance with applicable municipal ordinances for home business in residential districts. (Section 5.1)

Signs & flags

No sign visible from neighboring property without prior written approval, except: (i) Declarant's development/sales signs; (ii) signs required by legal proceedings; (iii) one temporary for-sale sign per Lot no larger than 30" x 24"; (iv) on (Section 5.3)

Setbacks / home size

No more than two stories. (Section 5.2)

Maintenance

Association responsible for Common Area (including stormwater facilities) maintenance. Owners responsible for their Lots, including landscaping, garbage, etc. (Section 4.2 (purposes of assessments), 5)

Use restrictions

All lots improved and used only for Single Family Residential Use. (Section 5.1)

Voting & meetings

Class A (all Owners except Declarant and Designated Builder): 1 vote per Lot. Class B (Declarant and Designated Builder): 10 votes per Lot until termination of Class B membership. (Section 3.7)

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