Taft Woods West Association Inc

Key facts from Taft Woods West Association Inc's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Taft Woods West Association, Inc. (Article I, Section 1)

Developer / declarant

Neuse Park Development Co., LLC (Preamble)

Assessments & dues

$170.00 per lot for 2006, paid at closing, not prorated (Article V, Section 5)

Special assessments

For non-routine or unanticipated common expenses; allocated equally among all Units; requires majority of Class A and Class B member approval; 30 days notice (Article V, Section 4)

Collections & liens

Association may bring action at law or foreclose lien; lien subordinate to first mortgage; foreclosure extinguishes prior assessments (Article V, Sections 9 and 10)

Reserves & fees

Board may establish reserves; not obligated to spend all collected sums; may carry forward surplus (Article V, Section 13)

Pets

Dogs, cats, birds, and other usual/common household pets; no commercial breeding; no animals, livestock, or poultry (Article VI, Section 7)

Parking & vehicles

No overnight street parking except occasional guests; no commercial/work vehicles over 3.5 tons overnight; no stripped, wrecked, or junk vehicles on street or Lot (Article VI, Section 9)

Fences

Board approval required; hog wire and chain link not approved; 48-inch picket fence with 5.5-inch slats specifically approved; no fence forward of rear foundation line; no chain link dog fences (Article VI, Section 16)

Architectural approval

Blueprint plans must be submitted for approval per Design Guidelines; if Declarant fails to approve/disapprove within 30 days, approval deemed given; no suit within 180 days after completion also waives approval (Article VI, Section 1)

Signs & flags

Only one professional sign not more than 5 sq ft for sale/rent; builder/Realtor signs during construction; model home sign max 3 sq ft; no bandit signs, banners, flags (Article VI, Section 6)

Setbacks / home size

As shown on recorded plat (Article VI, Section 3)

Use restrictions

No Lot shall be used except for residential purposes and single-family houses (Article VI, Section 1)

Voting & meetings

Class A: all owners except Declarant, 1 vote per lot. Class B: Declarant, 1 vote per lot owned. Class B converts to Class A upon termination of Declarant control period. (Article III, Section 1 and 2.1)

Amendments

By Declarant unilaterally for compliance, title insurance, lender requirements, or to subject additional property; by Owners with 2/3 of Class A votes and Declarant consent while Declarant owns property (Article V (General Provisions), Section )

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