The Estates at Village Green

Key facts from The Estates at Village Green's documents

Community type

Planned community under NCGS 47F (Recitals)

Units / lots

43 lots initially described in Exhibit A (Lots 3-11,12-13,15,18-20,79-87,89-90,113-118,143-145,148-151,153-156) (Exhibit A (Pages 18-19))

Developer / declarant

VG AREA A LLC, VG MR AREA A LLC, VG Area C LLC, VG MR Area C, LLC, and SH Village Green, LLC (First paragraph of Declaration)

Governing law

North Carolina Planned Community Act (NCGS 47F) (Recitals and Section 23)

Assessments & dues

Annual assessment established by Board. May be increased up to 10% per year without membership vote. Larger increases require 2/3 vote of Class A members present at meeting. (Section 11(e) (Page 11))

Special assessments

May be levied for major expenses with assent of 2/3 of votes present at meeting called for that purpose. (Section 11(f) (Page 11))

Collections & liens

Assessment constitutes lien on lot. Association may record claim of lien and foreclose. Lien subordinate to first mortgage. Personal obligation of owner at time due. (Section 11(b), (j), (k) (Pages 10-12))

Reserves & fees

Not specifically mentioned; Association may levy special assessments for major expenses. (Section 11(f) (Page 11))

Pets

Dogs, cats, household pets for companionship only. No commercial breeding or food animals. Livestock, poultry, etc. prohibited. (Section 9H (Page 6))

Leasing & rentals

Not explicitly addressed in extracted text; only mention of 'For Rent' sign indicates leasing is permitted. (Section 9M (Page 7-8))

Parking & vehicles

All vehicles must be parked in driveways. No parking on streets or common areas. Overnight street parking subject to towing. (Section 9C (Page 6))

Fences

Must be approved by ARC. No chain link or welded wire. Max 6 feet height. Setback: no nearer to front street than midway of residence, no nearer to side street than 3 inches inside property line. Must be placed 3 inches inside property line (Section 9I (Page 6-7))

Architectural approval

ARC approval required for all buildings, landscaping, modifications, fences, walls, outbuildings, temporary structures, etc. (Sections 5, 6, 3, 9I (Pages 3-4, 6-7))

Home business

Home-based businesses such as internet or network marketing allowed, provided no retail component and no conflict with applicable laws. (Section 2 (Page 2))

Signs & flags

One 18x24 professionally made 'For Sale' or 'For Rent' sign per lot by owner/realtor. Original builder may place one. Declarant may place directional signs. No other signs allowed. (Section 9M (Page 7-8))

Setbacks / home size

All houses and structures must comply with county and City of Shallotte setback requirements as applicable. (Section 3 (Page 2))

Use restrictions

No retail or commercial use. Residential purposes only, including home-based internet/network marketing with no retail component and no conflict with law. (Section 2 (Page 2))

Voting & meetings

Class A (lot owners): 1 vote per lot. Class B (Declarant): 8 votes per lot owned. Class B converts to A on sale of last lot. (Section 10(c) (Page 10) and Bylaws Artic)

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