The Courtyards at Southpoint Homeowners Association Inc

Key facts from The Courtyards at Southpoint Homeowners Association Inc's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned community under the North Carolina Planned Community Act (Section 1.1)

Legal name

The Courtyards at Southpoint Homeowners Association, Inc. (Section 1.1; Section 2.1 ("Association"))

Developer / declarant

Epcon Southpoint, LLC, a North Carolina limited liability company (Preamble)

Governing law

North Carolina Planned Community Act, N.C.G.S. § 47F-1-101, et seq. (Section 1.1)

Assessments & dues

General Assessments levied on all Lots to fund Common Expenses, determined in accordance with Section 8.2; budget adopted by Board (Section 2.1 ("General Assessment"); Sect)

Special assessments

Special Assessments may be levied in accordance with Section 8.3; Board may levy Special Assessments without Member vote to cover insurance shortfall for repair/reconstruction (Section 2.1 ("Special Assessment"); Sect)

Collections & liens

Assessments constitute a lien on the Lot (Section 8.6); fines for violations constitute a lien on the violator's Lot (Section 7.4(b)(i)) (Section 8.6; Section 7.4(b)(i))

Reserves & fees

Common Expenses include any reasonable reserve as the Board finds necessary or appropriate (Section 2.1 ("Common Expenses"))

Pets

Not explicitly stated as prohibited; references to pets (e.g., dogs) in maintenance context imply pets are allowed (Section 7.2 (reference to pet/dog presen)

Leasing & rentals

Leasing is permitted; no rule may prohibit transfer or require consent for leasing, but rules may restrict leasing of multiple Lots by same Owner and require minimum lease term up to 12 months (Section 3.4(g))

Fences

Fences require approval under Article IV; Declarant-installed fences define Courtyard Patio Area; fence maintenance is Owner responsibility (Section 4.1; Section 2.1 ("Courtyard Pat)

Architectural approval

No structure or thing shall be placed, erected, or installed, and no improvements or work (including fences, staking, clearing, excavation, grading, exterior alterations, planting/removal of landscaping) shall take place except in complianc (Section 4.1; Section 4.2)

Home business

Not explicitly addressed in the provided text; activities within dwellings may be restricted if not normally associated with residential use (Section 3.4(e))

Signs & flags

No signs permitted except those installed by Declarant or Association and signs required by law; political signs regulated (Cover page; Section 4.1)

Maintenance

Owner responsible for maintenance, repair, and replacement of Unit including structure and all components (includes roof) (Section 5.1)

Insurance

Reasonable deductible allowed; deductible treated as Common Expense unless loss due to Owner negligence/willful misconduct, then may be assessed as Specific Assessment (Section 7.3(b))

Use restrictions

Lots are for residential use (implied by "single-family detached dwelling" definition of Unit and restrictions on activities not normally associated with residential use) (Section 2.1 ("Unit"); Section 3.4(e))

Voting & meetings

Class A: one vote per Lot owned by Class A Member. Class B: Declarant has Class A voting rights for Units it owns, plus consent rights and power to appoint Board during Class B Control Period (Section 6.3)

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