Brookside Fv Homeowners Association Inc

Key facts from Brookside Fv Homeowners Association Inc's documents

Reflects the 2015 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Brookside (FV) Homeowners Association, Inc. (Article I, Section 2)

Units / lots

At least 96 lots (Lots 1-25 and 70-96 are specifically referenced) (Article V, Section 3)

Developer / declarant

Brookside Massengill, LLC, a North Carolina limited liability company (Preamble)

Governing law

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

Assessments & dues

Maximum Annual Assessment until December 31, 2015: $300.00 per Class A Lot. Class B Lots: $0. Lots 1-25 and 70-96 pay an additional $70.00 annually for individual yard maintenance. (Article V, Section 3)

Special assessments

Special assessments require approval by Declarant (during Declarant Control Period) and by not less than two-thirds (2/3) of votes of Class A Members present and voting at a meeting. Special assessment for Class B Lots is always zero. (Article V, Section 5)

Collections & liens

Unpaid assessments become a continuing lien on the Lot and may be foreclosed. Lien is subordinate to first mortgage or first deed of trust. Foreclosure of first mortgage extinguishes liens for assessments due prior to conveyance. (Article V, Sections 7-8)

Reserves & fees

Assessments unpaid for 30 days or longer incur late charges, interest, and costs of collection including attorney's fees. (Article V, Section 7)

Pets

Yes, but limited to two (2) cats and two (2) dogs per Lot, provided they are not kept, bred, or maintained for commercial purpose and do not become a nuisance. (Article X, Section 4)

Parking & vehicles

No parking on streets except in designated paved parking spaces. No abandoned, partly dismantled, or inoperative vehicles, or vehicles without current registration and inspection stickers. No boats, trailers, RVs, motor homes, campers, buse (Article X, Section 6)

Fences

Any fence or wall must meet all requirements of the Zoning Ordinance and must be approved as provided in the Declaration. Chain-link fences are not permitted. Retaining walls made necessary by slope or grade are not regulated by this paragr (Article X, Section 9)

Architectural approval

No dwelling, fence, wall or other structure shall be commenced, erected or maintained, nor any exterior addition or change made (including color changes to paint, vinyl siding, roof shingles, masonry, or shutters) until plans and specificat (Article IX, Section 1)

Home business

No business activity or trade of any kind whatsoever, including but not limited to use of residence as doctor's office, professional office, fraternity house, rooming house, boarding house, antique shop or gift shop. Any business causing un (Article IX, Section 11)

Signs & flags

No sign of any kind displayed to public view except: signs advertising Lots for sale during construction/sales period; one sign not more than 10 square feet advertising property for sale or rent; political signs not more than 10 square feet (Article X, Section 5)

Setbacks / home size

Residences shall be erected with a minimum of 2,000 square feet, exclusive of porches and garages. Declarant may grant variances up to 5% of the minimum. (Article IX, Section 1)

Maintenance

Association responsible for Open Space maintenance, Yard Improvements (as described), and retaining walls constructed by Declarant or Association. Owner responsible for all other maintenance, including glass surfaces, window screens, doors, (Article VI, Sections 1-2)

Use restrictions

All Lots shall be used for residential purposes only. No trade, business, profession or other commercial activity shall be carried on upon any Lot, except as permitted by Town of Fuquay Varina Code or by Declarant for sales/construction pur (Article X, Section 1)

Voting & meetings

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

Amendments

Covenants run with land for 25 years from recording, then automatically extended for successive 10-year periods unless terminated or altered by vote. During Declarant Control Period, Declarant may amend without Member consent for conformity (Article XI, Section 2)

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