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Kelton at Preston

Morrisville, NC

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What Kelton at Preston's governing documents say

Kelton II Townhomes at Preston is a townhome community in Morrisville, NC, governed by a homeowners association (HOA) under the North Carolina Planned Community Act. It is part of the larger Preston master-planned development, so residents are also members of the Prestonwood Homeowners Association. This declaration sets out the rules for owning a townhome unit, including assessments, maintenance responsibilities, and use restrictions.

What you own & maintain: You own your townhome unit and the lot it sits on, but the association maintains common elements, yard improvements (grass, landscaping, walks, parking areas), and pedestrian lighting. You are responsible for repairing your own unit, and any damage you cause to common areas is your responsibility.
Assessments & fees: All owners pay annual assessments to fund common expenses, plus possible special assessments (approved by 67% of votes). At the initial sale, a working capital payment equal to one-sixth of the annual assessment is collected. Delinquent assessments accrue 18% annual interest and a 5% late charge, and can become a lien on your property.
Architectural review: Any exterior changes—site preparation, grading, construction, additions, or alterations—must be approved by the Master Association's Architectural Control Committee before starting. This includes fences, landscaping changes, and other improvements.
Parking & vehicles: Parking is only allowed in designated areas (garages, driveways, parking pads), not on sidewalks or streets. Oversized vehicles like trailers, motor homes, boats, and commercial trucks are prohibited unless in an enclosed garage or designated area. Inoperable or unlicensed vehicles cannot be stored where visible, and repairs must be done inside a garage.
Pets & other restrictions: The document does not specify pet limits or types, but it does restrict signs (only one 'For Sale' sign per lot, max 6 square feet, for up to 6 months), antennas/satellite dishes (dishes over 1 meter need approval, smaller ones must be roof-mounted and not on street-facing elevations), and outdoor storage (no appliances or interior furniture visible from the street).
Rentals & leasing: The declaration does not impose a minimum lease term or restrict rentals, but owners can delegate their common element rights to tenants. Tenants must follow all community rules.
What this document doesn't cover: This excerpt does not include specific rules about pets, age restrictions, or rental caps. It also doesn't list the actual assessment amounts or the full set of rules from the Master Declaration, which may impose additional obligations.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.

Key facts from Kelton at Preston's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type: Townhome community within a planned unit development (Preamble; Section 1.9)
Legal name: Kelton II Homeowners Association, Inc. (Section 1.3)
Developer / declarant: Comstock Kelton II, L.C., a Virginia limited liability company doing business in North Carolina as Comstock Kelton II, L.L.C. (Preamble; Section 1.12)
Governing law: North Carolina Planned Community Act (Chapter 47F of the North Carolina General Statutes) (Section 1.1)
Assessments & dues: Executive Board adopts annual budget by majority vote; budget ratified unless majority of votes cast at meeting rejects it (Sections 5.3.1, 5.3.2)
Special assessments: Approved by 67% of Total Association Vote; may be paid in installments as determined by the Board (Sections 5.9.1, 5.9.2)
Collections & liens: Unpaid assessments for 30+ days become a lien on the Lot when claim of lien is filed; Association may foreclose pursuant to Section 47F-3-116 of the Act; lien subordinate to Eligible Mortgages and ad valorem taxes (Sections 5.1.2, 5.10, 5.11)
Reserves & fees: Association shall establish a general reserve fund from annual assessments for major rehabilitation/repairs, emergencies, and initial costs of new services (Section 5.12)
Pets: Yes - dogs, cats, or other usual and common domestic pets (Section 9.16.1)
Leasing & rentals: Yes - rental of a Townhouse for residential purposes is permitted (Section 9.14)
Parking & vehicles: Permitted motorized vehicles shall not be parked on sidewalks or Community street rights of way, but only in areas specifically improved and designated (garages, driveways, parking pads) (Section 9.3.1)
Fences: All fencing, walls, and vegetative screening shall be designed, located, and maintained according to rules and regulations approved by the Architectural Board (Section 9.8)
Architectural approval: No site preparation, change in grade, construction, exterior additions/alterations, or other improvements shall commence until the Architectural Control Committee of the Master Association has approved plans and specifications (Article VIII)
Home business: Home office permitted if it does not create regular customer/client/employee traffic compromising residential character or create objectionable lights/noise/odors; Executive Board arbitrates conflicts (Section 9.14)
Signs & flags: No sign without written consent of Architectural Board except: signs required by legal proceedings, political signs, and one 'For Sale' sign per Lot (6 sq ft, max 6 months, extendable by written approval) (Section 9.2)
Maintenance: Association maintains Common Elements and Yard Improvements; Owner responsible for Townhouse Unit and improvements on Townhouse Lot (Sections 7.1.1, 7.1.2, 7.1.3)
Insurance: Association shall maintain property insurance on Community Property (not less than 80% of replacement cost) and liability insurance with combined single limit of at least $1,000,000 (Sections 6.1.1, 6.1.2)
Use restrictions: Lots and improvements shall be used for residential purposes (Section 9.14)
Voting & meetings: Two classes: Class A (all Owners except Declarant, 1 vote per Lot) and Class B (Declarant, 3 votes for each vote held by all Class A Owners; ceases at end of Declarant Control Period) (Sections 3.2.1, 3.2.2)
Amendments: Amendment requires instrument signed by Owners to which at least 67% of votes are allocated; Executive Board may correct obvious errors or make amendments requested by FNMA without Owner consent; Declarant may unilaterally amend for complia (Sections 13.1, 13.4)

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