Amberly Master Property Owners Association Inc

Key facts from Amberly Master Property Owners Association Inc's documents

Community type

Covenant / Planned Community

Legal name

Amberly Community Association, Inc., a North Carolina non-profit corporation (Section 1.2)

Developer / declarant

KB Home Raleigh-Durham LLC, a Delaware limited liability company (Preamble)

Special assessments

May be levied if approved by two-thirds (2/3) of Total Association Vote and Declarant; paid as Board determines; may be paid in installments extending beyond fiscal year (Section 4.4)

Collections & liens

Unpaid assessments after 30 days create lien on Unit when claim of lien filed; lien superior except to prior recorded liens, real estate taxes, and Master Association liens; Association may foreclose like a mortgage after 60 days delinquenc (Sections 4.2, 4.9)

Reserves & fees

Greater of $10.00 or 10% of unpaid assessment/installment (Sections 4.2, 4.9)

Leasing & rentals

Units may be leased for single-family residential purposes (Section 7.3)

Parking & vehicles

Vehicles parked only in appropriate parking areas serving the Unit or designated areas; subject to Board rules; vehicles include motor homes, boats, trailers, motorcycles, minibikes, scooters, go-carts, golf carts, trucks, campers, buses, v (Section 7.5)

Architectural approval

No exterior construction, alteration, or addition (including staking, clearing, excavation, grading, filling, impervious surface, building, exterior alteration, color change, planting/removal of landscaping) without approval under Article 6 (Section 6.1)

Home business

No trade or business conducted in/from Unit, except Owner/Occupant in residence may conduct business activities within dwelling if: not violating Declaration/Bylaws, not apparent by sight/sound/smell from exterior, not unduly increasing tra (Section 7.2)

Signs & flags

No sign of any kind without prior written approval under Article 6; Board, Declarant-approved builder, and Declarant may erect reasonable signs; for-sale signs and security signs consistent with Community-Wide Standard and signs required by (Section 7.4)

Use restrictions

Each Unit shall be used for single-family residential purposes exclusively (Section 7.2)

Voting & meetings

One vote per Unit owned; if multiple owners, they determine how vote is exercised; vote suspended if more than one person seeks to exercise it (Section 3.2)

Amendments

Article 6 may not be amended without Declarant's written consent until (a) Declarant no longer has unilateral annexation right and (b) each Unit has certificate of occupancy; general amendment procedure in Section 11.6 (not fully extracted (Section 6.1)

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