Sandy Ridge Homeowners Association

Key facts from Sandy Ridge Homeowners Association's documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Sandy Ridge Owners Association, Inc. (Definitions - Association)

Developer / declarant

McCar Homes, Inc., as successor by name change to McCar Development Corp., a Georgia corporation (Preamble)

Governing law

Not submitted to North Carolina Planned Community Act (N.C. Gen. Stat. §§ 47F-1-101 et seq.) (Preamble)

Assessments & dues

Board estimates Annual Expenses and reserve deposits, adopts budget, and determines Annual Assessment; assessments commence when a Lot becomes an Improved Lot; all Improved Lots assessed equally; Board sends budget and assessment notice to (Article V, Section 3)

Special assessments

Board may levy special assessments if budget inadequate or for capital improvements/repairs; each Lot pays equal share (Article V, Section 4)

Collections & liens

Association may bring legal action against delinquent member or foreclose lien on Lot; member liable for all costs and attorneys' fees (Article V, Section 7(b))

Reserves & fees

If assessment unpaid within 10 days after due date, entire amount may be declared immediately due and payable (Article V, Section 7(a))

Pets

Reasonable number of generally recognized household pets allowed (as determined by Board); no livestock or poultry; no commercial animal keeping (Article VII, Section 4)

Parking & vehicles

No vehicle may be left except on hard surfaced parking area or in garage; no commercial vehicles (with advertising/lettering), RVs, mobile homes, trailers, campers, boats, oversized vehicles, stored vehicles, or unlicensed/inoperable vehicl (Article VII, Section 10)

Architectural approval

No exterior construction, alteration, or addition (including buildings, fences, walls, garages, patios, carports, playhouses, pools, staking, clearing, excavation, grading, filling, color changes, landscaping, exterior lighting, statuary, f (Article VI, Section 3(a))

Home business

Owner may use portion of building as office if no regular customer/client/employee traffic and no sign/logo/nameplate displayed (Article VII, Section 1)

Signs & flags

No signs without prior written Board consent, except customary name/address signs, one customary 'for sale' sign, and signs required by legal proceedings; includes signs visible from outside inside buildings and signs on motor vehicles (Article VII, Section 8)

Insurance

Each Owner must carry all-risk casualty insurance on Lot and structures (full replacement cost) and liability policy covering damage/injury on Lot; must furnish copy to Association upon request (Article VIII, Section 3)

Use restrictions

All Lots restricted exclusively to single-family residential use; no commercial, business, or professional purpose (Article VII, Section 1)

Voting & meetings

Two classes: Class A (all Owners except Class B) and Class B (Declarant only). Class A gets full voting privileges on earliest of: (i) Declarant's written designation, (ii) 100% of Lots are Improved Lots, or (iii) 10 years from date of decl (Article IV, Section 3)

Amendments

Amendment requires affirmative vote or written consent of 2/3 of Lot Owners (other than Declarant) and Declarant approval while Declarant owns property for development/sale; Board with Declarant consent may amend to elect coverage under NC (Article X)

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