Grandover

Key facts from Grandover's documents

Reflects the 1996 governing documents — figures and rules are as originally recorded and may have changed since.

Governing law

North Carolina law (implied; not specified) (Section 3.1: "in accordance with North C)

Reserves & fees

Required; capital contribution to reserve fund in accordance with budget prepared under Section 10.5 (Section 10.3 and 10.5)

Architectural approval

Yes, plans and specifications must be submitted and approved per Design Guidelines (Section 11.4)

Insurance

Owner must carry blanket all-risk property insurance on Unit and structures with full replacement cost less deductible, unless Village or Association carries it (Section 6.2)

Use restrictions

Governed by Article XII (initial use restrictions and rules) and Board-adopted rules (Table of Contents Article XII)

Amendments

Governed by Article XVII (not fully detailed in excerpt); certain sections require Declarant consent (e.g., Article IX) (Section 9.5 and Article XVII)

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