Deer Creek Owners Association Inc

Key facts from Deer Creek Owners Association Inc's documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned community under North Carolina Planned Community Act (Recitals)

Legal name

Deer Creek Owners Association Inc

Units / lots

254 lots (Lots 1-133 and 246-254 are Single Family; Lots 134-245 are Townhome) (Sections 1.42, 2.2)

Developer / declarant

Meritage Homes of the Carolinas, Inc. (First page; Section 1.15)

Governing law

North Carolina Planned Community Act (N.C. Gen. Stat. Chap. 47F) (Recitals; Section 1.1)

Assessments & dues

Board adopts budget; notice to Owners; budget ratified unless rejected by Members exercising all votes (Section 4.3(A))

Special assessments

Allowed with 2/3 vote of Members voting in person or by proxy; uniform rate (Section 4.4)

Collections & liens

Assessment Lien; priority over later liens except tax liens, governmental assessments, and prior mortgages; foreclosure allowed (Sections 4.1, 4.7, 4.8)

Reserves & fees

Association may establish and maintain reserve fund (Section 4.10)

Leasing & rentals

Yes, subject to restrictions (Section 5.15)

Parking & vehicles

No parking in front yard except driveway; no parking on streets except oversized vehicles during daylight; no parking over sidewalks (Section 5.5)

Architectural approval

Yes, for external design, appearance, and use of Property (Section 3.4)

Home business

Permitted if in accordance with applicable municipal ordinances for home business in residential districts (Section 5.1)

Signs & flags

No signs visible from neighboring property without approval; exceptions: Declarant signs, legal signs, one 30"x24" for-sale sign, one political sign 24"x24" (45 days before to 7 days after election), traffic/construction signs; no lease sig (Section 5.3)

Setbacks / home size

No building over two stories (not including basement) (Section 5.2)

Maintenance

Association responsible for Common Area maintenance; Owners responsible for their Lots and Limited Common Areas (Neighborhood Expenses) (Sections 2.4, 4.2)

Use restrictions

All Lots shall be improved and used only for Single Family Residential Use (Section 5.1)

Voting & meetings

Class A: each Owner (except Declarant/Designated Builder) 1 vote per Lot; Class B: Declarant/Designated Builder 10 votes per Lot (Section 3.7)

Amendments

Not fully specified; Declarant may unilaterally amend during Development Period for Neighborhood assignments; Section 3.12 cannot be amended without Declarant approval (Sections 2.2, 3.12)

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