Copperstoneiii

Key facts from Copperstoneiii's documents

Community type

Covenant / Planned Community

Legal name

Copperstone III Homeowners Association, Inc.

Developer / declarant

West Mebane Properties, LLC

Governing law

North Carolina Planned Community Act (Chapter 47F of the General Statutes) (Article I, Section 13)

Assessments & dues

Maximum $540 per Lot initially (Standard Assessment); Road Maintenance Assessment $96 per Single Family Lot initially (Article IV, Section 3(b) and (c))

Special assessments

May be levied for capital improvements with assent of 2/3 of votes of Members voting; during declarant control also need Declarant consent (Article IV, Section 4)

Collections & liens

Assessments are a continuing lien; may be foreclosed like a mortgage or deed of trust; recorded claim of lien required (Article IV, Section 1 and Section 9)

Reserves & fees

Association may establish and maintain adequate reserve fund for periodic maintenance, repair, replacement of improvements (Article IV, Section 2(b))

Leasing & rentals

Yes, with minimum lease term of 6 months; lease must be in writing and subject to all governing documents (Article II, Section 7)

Parking & vehicles

Association may regulate parking, including on-street parking restrictions, towing, and fines (Article II, Section 4(f) and Section 5(e)

Architectural approval

Prior written approval from Architectural Control Committee required for any exterior modification (including paint, landscaping, fences, etc.) (Article V, Section 1 (provided in trunca)

Signs & flags

This document regulates the display of political signs and flags of US or NC (Page 1)

Maintenance

Association maintains Common Elements and Private Alleys; Owner maintains Lot (including Limited Common Elements serving Lot) (Article I, Section 4 (Limited Common Ele)

Voting & meetings

One vote per Lot; two classes of membership (Class A and Class B); on matters concerning Private Alleys only Single Family Members vote (Article III, Sections 1 and 2)

Amendments

Bylaws amendment by majority of quorum; Declaration and Articles control over Bylaws; Declaration amendment procedure not fully provided (likely requires supermajority under NC Act) (Article XV (Bylaws))

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