Davissquare

Key facts from Davissquare's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned community (HOA) (Article I, 'Act' (NC Planned Community A)

Legal name

Davis Square Owners Association, Inc. (Preamble; Article I, 'Association')

Developer / declarant

Pulte Home Corporation, a Michigan corporation (Preamble)

Governing law

North Carolina Planned Community Act, G.S. 47F (Article I, 'Act')

Assessments & dues

$1,368.00 per year ($114.00 per month) until December 31 of the year of conveyance of the first Lot to a non-Declarant Owner (Article IV, Section 3)

Special assessments

Levied for capital improvements; after Declarant's Development Period requires affirmative assent of at least 2/3 of votes held by each class of Members represented in person or by proxy at a meeting; before expiration of Declarant's Develo (Article IV, Section 7)

Collections & liens

Unpaid assessments for 30+ days, with late charges, interest, and collection costs (including attorney's fees), become a charge on the Lot as provided in G.S. 47F-3-116; upon filing a claim of lien, becomes a continuing lien until paid; may (Article IV, Section 4)

Pets

Dogs, cats, or other usual and common household pets may be kept by Owners or Occupants, so long as kept in compliance with law and rules/regulations (Article VI, Section 9)

Leasing & rentals

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

Parking & vehicles

Only automobiles, vans constructed as private passenger vehicles with permanent rear seats and side windows, passenger trucks, and other vehicles manufactured and used as private passenger vehicles may be parked overnight without Board cons (Article VI, Section 5(a))

Fences

No fence or fencing type barrier of any kind shall be placed, erected, allowed, or maintained upon any Lot without prior written consent of ARC; Declarant may erect fencing on model home Lots; Association may erect fencing on Common Area (Article VI, Section 19)

Architectural approval

No exterior construction, alteration, addition, or erection shall be commenced without prior written approval of Architectural Review Committee, except improvements installed by Declarant (Article VI, Section 3)

Solar & roof

No solar energy collector panels or attendant hardware or other energy conservation equipment shall be constructed or installed unless they are an integral and harmonious part of the architectural design, as determined in sole discretion of (Article VI, Section 24)

Home business

Owner may maintain office or home business if: operated by Owner or household member or tenant; no displays/signs; no significant traffic or parking; no equipment stored outside; all required approvals obtained; consistent with residential (Article VI, Section 2)

Signs & flags

No sign of any kind displayed to public view except: (i) one sign per Dwelling for sale/rent by Owner (max 6 sq ft, displayed inside window); (ii) signs advertising Properties for sale/rent by Declarant; (iii) subdivision identification sig (Article VI, Section 4)

Use restrictions

All Lots shall be used for residential purposes exclusively, except sales offices, construction offices, model homes, and home businesses as permitted (Article VI, Section 2)

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