Eatons Crossing

Key facts from Eatons Crossing's documents

Community type

Covenant / Planned Community

Units / lots

Four residential units in one building (Recitals)

Developer / declarant

ATLAS NC I SPE, LLC

Governing law

Chapter 47F of the North Carolina General Statutes (Planned Community Act) (Section 1.1)

Assessments & dues

Not fixed; determined annually by budget ratification (Section 6.3(b))

Special assessments

For capital improvements, requires 2/3 vote of each class (Section 6.4)

Collections & liens

Unpaid assessments become continuing lien; may be foreclosed as deed of trust with power of sale or judicially (Section 6.13)

Reserves & fees

Association shall establish and maintain adequate reserve fund for periodic maintenance, repair, replacement of Common Areas including Boat Docks and Boatslips (Section 6.3(c))

Fences

Fences not permitted if they obstruct view of another Owner, in opinion of Architectural Committee (Section 8.2)

Architectural approval

Yes, for any construction, alteration, grading, excavation, tree removal, color change (Section 8.2)

Home business

Permitted in dwelling if not detectable, conforms to zoning, no regular visitation, only one business vehicle, consistent with residential character (Section 10.3(c))

Use restrictions

Lots 1-85: detached single-family residential only; no condominium, townhouse, duplex, apartment except as allowed on Additional Property (Section 10.1)

Voting & meetings

Two classes: Class A (owners) entitled to one vote per Lot; Class B (Successor Declarant) entitled to ten votes per Lot owned (Section 4.1)

Amendments

During Declarant Control Period, Successor Declarant may unilaterally amend; otherwise amendment by Owners requires approval of at least two-thirds (2/3) of voting authority of Lots (as evidenced by certification) (Section 8.5(g) and Certification page 35)

Amenities

Pool, clubhouse, boat ramp, Boat Docks, Boatslips (excluded from Common Area but Association maintains docks) (Section 1.3 and Section 1.8-1.9)

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