Trinity Grove Homeowners Association Inc

Key facts from Trinity Grove Homeowners Association Inc's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Exclusive residential community of detached single-family homes (WHEREAS clause, page 1)

Legal name

Trinity Grove Homeowners Association, Inc.

Units / lots

Maximum of 73 units (Article II, Section 4)

Developer / declarant

The Drees Company dba The Drees Homes Company, a Kentucky Corporation (Opening paragraph and Article I, Section)

Governing law

Chapter 47F of the North Carolina General Statutes (North Carolina Planned Community Act) (Article I, Section 1)

Assessments & dues

Maximum Annual Assessment until December 31, 2005: $550.00 per Class A Lot. (Article V, Section 3)

Special assessments

May be levied for capital improvements, repayment of indebtedness, or any other purpose, with the same assent as required for assessment increases (two-thirds of votes cast by Class A Members present). (Article V, Section 5)

Collections & liens

Unpaid assessments, interest, late charges, and costs of collection (including reasonable attorneys' fees) are a continuing lien upon the Lot and may be foreclosed. The personal obligation is that of the owner at the time the assessment fel (Article V, Section 1 and Section 7)

Reserves & fees

Working capital fund established to meet unforeseen expenditures or acquire additional equipment or services deemed necessary or desirable by the Board. (Article V, Section 10)

Leasing & rentals

An Owner may lease or sublet his/her dwelling. (Article III, Section 3)

Fences

Fences require architectural approval before construction. (Article VIII)

Architectural approval

No building, fence, sign, wall or other structure shall be commenced, constructed, erected or maintained, nor any exterior addition or change made, nor any major landscaping or re-landscaping commenced, until plans and specifications are su (Article VIII)

Signs & flags

Signs (including unit identification signs) require architectural approval before construction. (Article VIII)

Use restrictions

The community is created as an exclusive residential community of detached single-family homes. (WHEREAS clause, page 1)

Voting & meetings

Class A Members: one vote per Lot owned. Class B Member (Declarant): three votes per Lot owned during Declarant Control Period; after that, one vote per Lot owned. (Article III, Section 2)

Amendments

During the Declarant Control Period, Declarant may amend the Declaration without consent of Members or the Association to conform to governmental law or regulation. (Article IX, Section 3)

Amenities

Common Area includes two stormwater retention ponds reflected on the recorded plat as Water Quality BMP & Access Easements, water and sewer lines serving more than one Lot, and a twenty-foot wide utility and access easement area designated (Article I, Section 5)

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