Balfour East Townhomes

Key facts from Balfour East 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

Balfour East Association

Developer / declarant

The Adams-Bilt Company, a North Carolina corporation (Preamble)

Assessments & dues

Initial subdivision portion not in excess of $26.67 per Lot through December 31, 1986; Villages portion determined by Villages Declaration (Article VI Sections 2, 3(a))

Special assessments

For capital improvements: levied by Villages Association or upon 2/3 vote of each class of Balfour East members; for purchase/reconstruction of substantially destroyed townhomes: upon 66-2/3% vote of each class present and voting (Article VI Sections 4, 5(a))

Collections & liens

Annual and special assessments are a continuing lien on the Lot; personal obligation of Owner at time assessment fell due; lien subordinate to first mortgages; foreclosure extinguishes prior liens; delinquent assessments may be reallocated (Article VI Sections 1, 9; Article VI Sec)

Reserves & fees

Balfour East Association required to establish and maintain adequate reserve fund for periodic maintenance, repair, replacement of Common Area improvements and Townhome exteriors (Article VI Section 3(d))

Parking & vehicles

Each Lot entitled to use of not more than two automobile parking spaces; Association may permanently assign one space per dwelling; Association may regulate parking of boats, trailers, etc. on Common Area (Article V Section 4)

Fences

Fences, walls, screens require prior approval of Villages Association; construction/painting not permitted if unreasonable obstruction of another Owner's view; rear yard fencing/enclosure requires prior approval (Article IX; Article VII)

Architectural approval

No construction, erection, or installation of improvements without written approval of Declarant (initial) or Villages Association Board/architectural committee (subsequent); no exterior alterations without prior review and written approval (Article IX)

Solar & roof

Exterior alterations must be in harmony with existing structures as to style, shape, color, and size (Article IX)

Home business

No industry, business, trade, occupation, or profession of any kind shall be conducted, except as set out in Section 2(a) (office with approvals) (Article X Section 2(e))

Signs & flags

No signs, placards, posters, billboards, or identifying names/numbers displayed to public view except as allowed by Association bylaws (For Sale/For Rent signs per Board terms), required by Durham City Code, or by Declarant/mortgagee on uns (Article X Section 2(f))

Maintenance

Association replaces roofs as part of exterior maintenance (Article VII)

Insurance

Association obtains hazard insurance on Common Area buildings/improvements at maximum insurable replacement value; public liability and property damage insurance with cross liability endorsement, minimum $1,000,000 per occurrence (Article XIII Section 2)

Use restrictions

Each Townhome shall be used as a single-family residence and for no other purpose; Declarant may use Townhomes for offices/models; resident may operate office with Board approval and City approval (Article X Section 2(a))

Voting & meetings

Class A (all Owners except Declarant): one vote per Lot; Class B (Declarant): three votes per Lot until Class A votes equal Class B or December 31, 1991, whichever first (Article IV Section 1)

Amendments

Declaration runs with land for 30 years, then automatically extended for successive 10-year periods; amendment by instrument signed by owners of not less than 66 2/3% of Lots; Board certifies validity within 30 days; recorded in Durham Coun (Article XIII Sections 6, 7, 8, 9)

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