Woodbury Property Homeowners Association Inc

Key facts from Woodbury Property Homeowners Association Inc's documents

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

Community type

Covenant / Planned Community

Legal name

Woodbury Property Homeowners Association, Inc. (Preamble)

Developer / declarant

Pulte Home Company, LLC (Preamble)

Governing law

North Carolina Planned Community Act (Chapter 47F of the North Carolina General Statutes) (Definition of Act, Article I)

Assessments & dues

Base Assessment: $738.00/year; Townhome Assessment: $750.00/year; Yard Services Assessment: $750.00/year (initial) (Article IV, Section 3)

Special assessments

Allowed; requires 2/3 vote of members after Declarant's Development Period; before that, if >5% of budget, requires 2/3 vote; ≤5% can be levied by Board (Article IV, Section 7)

Collections & liens

Unpaid assessments become lien on Lot; may be foreclosed; personal obligation of owner (Article IV, Section 4)

Reserves & fees

Allocations to reserve funds are Common Expenses (Definition of Common Expenses, Article I)

Pets

Yes, usual household pets allowed (Article VI, Section 9)

Leasing & rentals

Yes, Lots may be leased for residential purposes (Article VI, Section 7)

Parking & vehicles

Only private passenger vehicles may park overnight; no commercial vehicles, trucks, RVs, trailers, etc. without Board consent (Article VI, Section 5(a))

Fences

No fence without ARC approval; Declarant may fence model homes; Association may fence Common Area (Article VI, Section 19)

Architectural approval

Yes, for exterior construction, alteration, addition, fences, etc. (Article VI, Section 3)

Solar & roof

Solar panels allowed only if integral and harmonious part of design, per ARC (Article VI, Section 24)

Home business

Allowed with conditions: operated by resident, no signs, no significant traffic, no outside storage, approvals, etc. (Article VI, Section 2)

Signs & flags

No signs except approved by Declarant/Board, for sale/rent signs (max 6 sq ft, inside window), subdivision identification, required signs (Article VI, Section 4)

Maintenance

Association replaces roofs on a 20-25 year schedule (Article V, Section 1(d))

Insurance

Association shall maintain insurance on Common Area and liability insurance (Article VII, Sections 1 and 2)

Use restrictions

All Lots shall be used for residential purposes exclusively (Article VI, Section 2)

Voting & meetings

Class A: one vote per Lot; Class B: Declarant has three votes per Lot owned (Article III, Section 1)

Amendments

Amendment procedure in Article XI, Section 4 (not detailed in text) (Article XI, Section 4)

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