Timberlands

Key facts from Timberlands's documents

Community type

Covenant / Planned Community

Developer / declarant

BAUCOM'S DEVELOPMENT PARTNERS, LLC, a North Carolina limited liability company (Preamble)

Assessments & dues

It shall be the duty of the Board to prepare a budget covering the estimated costs of operating the Association during the coming year, which may include a capital contribution or reserve in accordance with a capital budget separately prepa (Section 4.3)

Special assessments

The Association may levy a special assessment if approved by two-thirds (2/3) of the Total Association Vote and the Declarant. Special assessments shall be paid as determined by the Board. The Board may permit a special assessment to be pai (Section 4.4)

Collections & liens

All sums assessed against any Lot pursuant to this Declaration, together with late charges, interest, costs and reasonable attorney's fees actually incurred, as provided herein, when remaining unpaid for thirty (30) days or longer, shall be (Sections 4.2 and 4.7)

Reserves & fees

General assessments include any sums the Board determines necessary for the continued ownership, operation and maintenance of the Common Property, operating expenses of the Association, payment for any items of betterment and the establishm (Section 4.3)

Pets

No animals, livestock or poultry of any kind may be raised, bred, kept or permitted on the exterior of any Lot, with the exception of dogs, cats or other usual and common household pets. No pets shall be kept, bred or maintained for any com (Section 7.7)

Leasing & rentals

Once the closing on a dwelling is complete, Lots may be leased for single-family residential purposes. (Section 7.3)

Parking & vehicles

Vehicles shall be parked only in appropriate parking areas serving the Lot or other designated areas, if any. All parking shall be subject to such rules and regulations as the Board may adopt. The term 'vehicles,' as used herein, shall incl (Section 7.5)

Fences

Except as herein provided, no fence or fencing type barrier of any kind shall be placed, erected, allowed or maintained upon any Lot without prior written approval in accordance with the provisions of Article 6 hereof. Guidelines detailing (Section 7.16)

Architectural approval

No exterior construction, alteration or addition of any improvements of any nature whatsoever (including, without limitation, staking, clearing, excavation, grading, filling, construction of impervious surface, building, exterior alteration (Section 6.1)

Solar & roof

No solar energy collector panels or attendant hardware or other energy conservation equipment shall be constructed or installed unless as an integral and harmonious part of the architectural design of a structure, as determined in the sole (Section 7.21)

Home business

No trade or business of any kind may be conducted in or from a Lot, except that the Owner or Occupant in residence at the Lot may conduct business activities within the dwelling so long as the business activity: (a) does not otherwise viola (Section 7.2)

Signs & flags

No sign of any kind shall be erected within the Community without prior written approval under Article 6 hereof. Notwithstanding the foregoing, the Board, the Declarant and the Approved Builder shall have the right to erect reasonable and a (Section 7.4)

Maintenance

The Association shall maintain and keep in good repair the Common Property. This maintenance shall include, without limitation, maintenance, repair and replacement of the following: (i) all landscaping and improvements situated on the Commo (Sections 5.1 and 5.2)

Insurance

The Board of Directors shall obtain casualty insurance for all insurable improvements, whether or not located on the Common Property, which the Association is obligated to maintain. This insurance shall provide, at a minimum, fire and exten (Section 8.1)

Use restrictions

Each Lot shall be used for single-family residential purposes exclusively. (Section 7.2)

Voting & meetings

The Association shall have two classes of membership, Class A and Class B. Class A members shall be all Owners, except the Class B member, if any. Class A members shall be entitled to one equal vote for each Lot owned. When more than one pe (Section 3.2)

Amendments

This Article may not be amended without the written consent of the Declarant and Approved Builder until (a) the Declarant no longer has the right to unilaterally annex additional property to the Community; and (b) each Lot has been improved (Section 6.1)

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