Miramonte Homeowners Association Inc

Key facts from Miramonte Homeowners Association Inc's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Miramonte Homeowners Association Inc

Units / lots

127+ (Lots 1-127 designated as Single Family Overall Neighborhood; remaining lots designated as Townhome Neighborhood) (Article II, Section 6)

Developer / declarant

McCar Homes-Raleigh, LLC, a North Carolina Limited Liability Company (Preamble)

Governing law

Not submitted to North Carolina Planned Community Act (N.C. Gen. Stat. §§ 47F-1-101 et seq.) (Preamble)

Assessments & dues

Board estimates Annual Expenses, adopts budget, levies equal assessment against all Improved Lots (Article VI, Section 3)

Special assessments

Board may levy special assessments for budget deficits or capital improvements (Article VI, Section 4)

Collections & liens

Continuing lien on Lot for unpaid assessments, prior to all liens except taxes, first mortgages, and certain purchase money mortgages; Association may foreclose (Article VI, Sections 1 and 8)

Reserves & fees

Working capital reserve fund established from special assessments (Article VI, Section 7)

Pets

Yes, reasonable number of generally recognized household pets (Article VIII, Section 4)

Leasing & rentals

Yes, with prior written consent of Board of Directors (Article VIII, Section 1)

Parking & vehicles

Vehicles must be parked on driveway, designated parking space, or in garage; no parking exceeding 24 hours on driveway without being moved (Article VIII, Section 16)

Fences

No fence without ACC approval; no chain link fences (Article VII, Section 1(b))

Architectural approval

Yes, for all exterior construction, alteration, or addition (Article VII, Section 4(a))

Home business

No commercial, business or professional purpose; but owner may use portion of building as office if no regular customer/client/employee traffic and no sign (Article VIII, Section 1)

Signs & flags

No signs without Board consent, except customary name/address signs, one 'for sale' sign, and signs required by legal proceedings (Article VIII, Section 10)

Setbacks / home size

No structure other than fence may encroach beyond front, side, or rear building setback lines on Plats (Article VII, Section 1(b))

Maintenance

Association maintains Area of Common Responsibility; Owners responsible for their Lots (Article IX, Sections 1 and 2)

Insurance

Reasonable deductible as determined by Board (Article III, Section 5)

Use restrictions

All Lots restricted exclusively to single-family residential use (Article VIII, Section 1)

Voting & meetings

Two classes: Class A (all owners, one vote per Lot) and Class B (Declarant, full voting until Class A gets full voting privileges) (Article V, Section 3)

Amendments

Article XI (content not visible in provided text) (Table of Contents)

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