Edwards Creek Homeowners Association Inc

Key facts from Edwards Creek Homeowners Association Inc's documents

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

Community type

Planned development community / HOA (WHEREAS clauses)

Legal name

Edwards Creek Homeowners Association, Inc.

Units / lots

9 (Lots 1 through 9) (Article II Section 1)

Developer / declarant

JVI Development II, Inc. and JVI Construction, Inc. (jointly and individually 'Declarant') (Preamble)

Governing law

North Carolina General Statutes 47F (North Carolina Planned Community Act) (Article III Section 3; Article IV Sectio)

Assessments & dues

$1,800.00 per year per Family Dwelling Unit (initial base assessment) (Schedule 1)

Special assessments

Allowed for construction, reconstruction, remodeling, improvement, maintenance, repair, replacement of Common Areas; additions; facilities/equipment; loan repayment; other duties/functions (Article V Section 4)

Collections & liens

Assessments are a continuing lien on the property and personal obligation of Owner; if not paid within 30 days after due date, Association may file notice of claim of lien with Clerk of Superior Court and sue to enforce by judicial sale or (Article V Section 1)

Reserves & fees

Association may establish reserve funds from assessments for major rehabilitation/repairs, emergency repairs, unanticipated expenses (Article V Section 5)

Pets

Yes, up to two common house-pets per Lot (Article VIII Section 7)

Parking & vehicles

Vehicles shall not be habitually parked on the street (Article VIII Section 5)

Fences

Fences shall not exceed 6 feet in height; not installed nearer the Lot's fronting street than the rear corners of the house; on corner lots not closer than 4 feet to sidewalk or street right of way; chain link and wood fences prohibited (Article VII Section 4(F))

Architectural approval

Yes, for construction, erection, placement, or alteration of any building, fence, or other improvement (Article VII Section 3)

Home business

One home office per residence allowed if customers/suppliers/non-resident employees do not habitually come, activities comply with covenants and zoning (Article VIII Section 1)

Signs & flags

No signs except one 'For Sale' or 'Sold' sign not larger than 24x24 inches; 'For Rent' signs prohibited; other signs require Architectural Committee approval (Article VIII Section 4)

Setbacks / home size

Per recorded plats and applicable government ordinances; eaves, steps, chimneys not counted if not extending more than 3 feet into setback (Article VII Section 4(I))

Maintenance

Association responsible for Common Areas; Owners responsible for their Lots and improvements (Article IV Section 2(C); Article VIII Se)

Insurance

Association shall provide liability and hazard insurance for Common Areas; buildings/improvements insured at 100% insurable replacement value; directors' and officers' legal liability insurance; fidelity bonds for persons handling Associati (Article VI Section 1(I)-(M))

Use restrictions

All lots shall be used for single family residential purposes exclusively (Article VIII Section 1)

Voting & meetings

Class A: 1 vote per Family Dwelling Unit or Residential Lot owned; Class B (Declarant): 4 votes per unit/lot owned until conversion (Article III Section 2)

Amendments

Term 30 years, automatically extended for successive 10-year periods; amendable by affirmative vote or written agreement of Owners of not less than 67% of Lots; Declarant may amend without Owner vote for tax-exempt status, correcting errors (Article IX Section 1)

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