Wynterfield II Townhome Assoc Inc

Key facts from Wynterfield II Townhome Assoc Inc's documents

Community type

Townhome development (WHEREAS clauses)

Legal name

Wynterfield Townhomes

Units / lots

Blocks A-S and AA-KK (specific lot count not stated) (Blocks A-S and AA-KK)

Developer / declarant

Beazer Homes Corp., a Tennessee corporation (THIS DECLARATION, made on the date herei)

Governing law

Chapter 47F of the North Carolina General Statutes (NOW THEREFORE paragraph)

Assessments & dues

$1080 per Townhome Lot (maximum regular annual assessment) (Article IV, Section 3(a))

Special assessments

Allowed for additions to Common Areas, facilities/equipment, loan repayment, Townhome exterior maintenance; requires 51% vote of votes cast at duly called meeting (Article IV, Section 4)

Collections & liens

Assessments are a continuing lien on the land; personal obligation of owner at time due; lien subordinate to first deed of trust; Association may bring action at law if unpaid after 30 days past due (Article IV, Sections 1, 10, 11)

Reserves & fees

Reserve funds established for major rehabilitation/repairs, emergency repairs, initial costs of new services, private street maintenance, Townhome exterior maintenance, stormwater bond/CD (Article IV, Section 5)

Pets

Reasonable number of household pets permitted, not raised for commercial purposes or nuisance (Article IX, Section 4)

Leasing & rentals

Leases must be for term of at least 60 days; tenant must observe all terms of Declaration (Article IX, Section 2(h))

Parking & vehicles

Adequate off-street parking required; no inoperable vehicles or vehicles without current registration/inspection unless in garage; street parking prohibited except temporary (Article IX, Section 2(i))

Fences

No fences except as originally built by Declarant or repairs thereto (Article IX, Section 2(l))

Architectural approval

No tree trimming/removal, grading, erection of buildings, exterior additions/alterations, fences, hedges, walls, swimming pools or other Improvements without Architectural Review Board approval (Article VIII, Section 1)

Home business

Home occupations permitted if comply with zoning; no significantly greater vehicular traffic or on-street parking (Article IX, Section 2(g))

Signs & flags

No signs displayed to public view except one professional sign not more than 6 sq ft for sale/rent, contractor, or sales office; Declarant/builders may erect signs/billboards conforming to ARB requirements (Article IX, Section 2(b))

Setbacks / home size

Subject to setbacks shown on recorded subdivision map; ARB may grant waivers/variance except for municipal setbacks (Article IX, Section 11)

Maintenance

Association: exterior building surfaces, roofs, front porch rails, gutters/downspouts, trees/shrubs/grass/walks/driveways in Common Areas, other exterior Improvements initially installed by Builder. Owner: patio, deck, porch decking, HVAC, (Article IV, Section 15.3)

Insurance

Common Area improvements insured at 100% insurable replacement value; public liability insurance not less than $1,000,000 per occurrence (Article VI, Section 2)

Use restrictions

All portions of Property shall be occupied and/or used as residential Townhome development (Article IX, Section 2)

Voting & meetings

Class A Members (Owners of Townhome Lots): 1 vote per lot; Class B Member (Declarant): 3 votes per lot owned; Class B terminates upon earlier of (i) Class A votes equal Class B votes or (ii) Dec 31, 2010 (Article III, Section 2)

Amendments

Amendment requires quorum of 30% of total vote (per Article III, Section 5); specific procedure not detailed in this document (Article III, Section 5)

Amenities

Declarant may construct amenities including gazebo and/or trail; no obligation to construct/maintain (Article VII)

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