Yardley

Key facts from Yardley's documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Yardley Owner's Association, Inc.) (Bylaws Art. I)

Units / lots

21 (Lots 1 through 21 plus Common Areas) (Declaration Art. I Sec. 23: 'BEING ALL O)

Governing law

Chapter 47F of the North Carolina General Statutes (North Carolina Planned Community Act) (Declaration Art. II; Bylaws Art. II Sec.)

Assessments & dues

Fixed by Board at least 30 days in advance of each assessment period; amount not specified in document (Bylaws Art. VI Sec. 2(c)(1); Declaration)

Special assessments

Allowed for capital improvements as provided in Declaration (Article V of Declaration referenced in Bylaws Art. X) (Bylaws Art. X; Declaration Art. VII Sec.)

Collections & liens

Annual and special assessments are secured by a continuing lien upon the Lot; Association may bring action to foreclose if not paid within 30 days (Bylaws Art. X; Bylaws Art. VI Sec. 2(c)()

Reserves & fees

Board shall establish and maintain an adequate reserve fund for periodic maintenance, repair and replacement of improvements on Common Areas including Stormwater Control Areas (Bylaws Art. VI Sec. 2(h))

Pets

Yes, no more than 3 dogs, cats, or other usual household pets per Lot (Declaration Art. V Sec. 9)

Leasing & rentals

Lots may be leased for residential purposes (Declaration Art. V Sec. 7)

Parking & vehicles

Not permitted (Declaration Art. V Sec. 6: 'Vehicles sha)

Fences

Fences allowed only with ACC approval; must be metal; no uncoated chain link or barbed wire (Declaration Art. V Sec. 19)

Architectural approval

No exterior construction, alteration, addition, erection, or landscaping without prior written approval of Architectural Control Committee (ACC) (Declaration Art. V Sec. 4)

Solar & roof

Solar energy collector panels allowed only if an integral and harmonious part of architectural design as determined by ACC in its sole discretion (Declaration Art. V Sec. 24)

Home business

Home office permitted within dwelling if no sign or evidence of business activity; no retail or commercial customers; absolutely no business activity outside dwelling (Declaration Art. V Sec. 3)

Signs & flags

Only one professionally lettered 'For Sale' or 'For Rent' sign per Lot (max 5 sq ft, max 5 ft high); professional security signs; signs required by legal proceedings; signs erected by Declarant; Board may erect reasonable signs (Declaration Art. V Sec. 5)

Setbacks / home size

No building shall be built closer to front, side, or rear lot lines than required by local governmental authority; additionally Declarant must approve any variances (Declaration Art. V Sec. 38)

Insurance

Board shall procure liability insurance and full replacement value hazard insurance on real and personal property owned by Association (Bylaws Art. VI Sec. 2(e))

Use restrictions

Each Lot shall be used exclusively for single-family, non-transient residential purposes (Declaration Art. V Sec. 3)

Voting & meetings

Presence of Members or proxies entitled to cast 20% of votes appurtenant to each Class of Lots in combination (Class A and B) constitutes a quorum (Bylaws Art. III Sec. 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.