Hampton Park Townhomes

Key facts from Hampton Park Townhomes's documents

Reflects the 1986 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Hampton Park Townhome Association, a North Carolina non-profit corporation (Article I, Section 1)

Units / lots

Maximum 100 townhome lots (Article II, Section 2)

Developer / declarant

Burchwood Development Co., a North Carolina general partnership (Preamble)

Assessments & dues

Maximum annual assessment to and including December 31, 1986: $600.00 per lot (Article VI, Section 3(a))

Special assessments

Association may levy special assessment for capital improvements with assent of two-thirds of votes of each class of members voting in person or by proxy at duly called meeting with 30-60 days notice (Article VI, Section 4)

Collections & liens

Assessments are a continuing lien on the lot and personal obligation of owner; Association may bring action against owner or foreclose lien; interest and costs added (Article VI, Sections 1, 8)

Reserves & fees

Assessments not paid within 30 days after due date bear interest at 8% per annum or maximum lawful rate, whichever is less (Article VI, Section 8)

Pets

Dogs, cats, or other household pets may be kept, provided not for commercial purposes and kept in townhome (excluding carport); no pens, runs, or pet houses allowed on any lot or common area (Article X, Section 4)

Leasing & rentals

Townhome may be leased, but not for transient or hotel purposes; no lease for less than entire unit; minimum lease term of 4 months; lease must be in writing and subject to Declaration and Bylaws (Article XIII, Section 5)

Parking & vehicles

Each lot owner entitled to use of not more than two automobile parking spaces; Association may designate one space per member; parking space as near and convenient as reasonably possible (Article III, Section 4)

Architectural approval

No building, fence, wall, antenna, clothesline, or other structure shall be commenced, erected, or maintained, nor exterior addition/change/alteration made, until plans and specifications submitted to and approved in writing by Declarant, B (Article IX)

Home business

No industry, business, trade, occupation, or profession of any kind shall be conducted on any part of the property, except Declarant may use unsold townhome or lease up to two townhomes for sales/display purposes (Article X, Section 2(e))

Signs & flags

No owner shall display any sign, placard, poster, billboard, or identifying name/number, except as allowed by Declarant or Association; Declarant and mortgagees may place 'For Sale' or 'For Rent' signs on unsold/unoccupied townhomes, not on (Article X, Section 2(f))

Use restrictions

All buildings and limited common area shall be used for residential and related common purposes; no townhome may be subdivided; each townhome used only as single-family residence, except Declarant may use townhomes for offices/model homes (Article X, Section 2(a))

Voting & meetings

Class A members (all owners other than Declarant) entitled to one vote per lot; Class B member (Declarant) entitled to three votes per lot held (Article V, Section 1)

Amendments

Covenants run with land for 20 years, then automatically extended for successive 10-year periods; amendment during first 20 years requires 90% of lot owners; thereafter 75%; Board may amend to correct obvious errors without owner consent; a (Article XIII, Section 3)

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