Hampton Place

Key facts from Hampton Place's documents

Reflects the 1990 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title 'Declaration of Condominium')

Legal name

Hampton Place HOA, Inc. (Section 1.E)

Developer / declarant

HAMPTON GROUP, a North Carolina General Partnership (First paragraph (hereinafter called Decl)

Governing law

North Carolina Condominium Act, Chapter 47C of the North Carolina General Statutes (Section 1.A)

Assessments & dues

Not fixed; set forth in budget and Exhibit E (estimated total operating expenses). (Section 25.A ('assessment set forth in E)

Special assessments

Allowed for common expenses; also, if owner fails to maintain, Association may repair and collect by special assessment (Section 10.B). (Section 10.B (second paragraph), Section)

Collections & liens

Unpaid assessments, with interest, create a lien in favor of the Association against the defaulting unit, enforceable as provided by the Act. Such lien is subordinate to first mortgage liens. A foreclosure sale may extinguish subordinate as (Section 16.D and E)

Reserves & fees

Mentioned as part of common expenses and sinking fund (Section 14) but not quantified. (Section 14 ('sinking fund or other reser)

Leasing & rentals

Yes, rental of units by owners for residential and lodging accommodations is permitted, subject to Association rules and regulations. (Section 8 ('shall include the rental of )

Home business

Not expressly prohibited, but use is limited to residential and lodging accommodation purposes; no separate provision for home business. (Section 8)

Setbacks / home size

For units in Phases I and II: one-bedroom ~950 sq ft, two-bedroom ~1125 sq ft, three-bedroom ~1248 sq ft. For Phase III-X: described similarly (Section 4). (Section 4)

Use restrictions

Yes, for residential and lodging accommodation purposes, including rental. (Section 8 ('The buildings and each of th)

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