Athens Wood

Key facts from Athens Wood's documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Community (Single-Family Residential) (Article I, Section 18 references Planned)

Units / lots

29 Lots (Lots 1 through 29) (Page 1 WHEREAS, description of property)

Governing law

North Carolina Planned Community Act (Chapter 47F) (Article I, Section 18)

Assessments & dues

Board of Directors sets annual assessment up to maximum. Proposed budget ratified unless majority of Members reject at meeting; if rejected, last ratified budget continues. (Article IV, Sections 3(d), 7)

Special assessments

Permitted for capital improvements or other purposes; requires assent of two-thirds (2/3) of Members voting in person or by proxy at a meeting called for that purpose (Article IV, Section 4)

Collections & liens

Unpaid assessments become a lien on the Lot; Association may foreclose as a mortgage/deed of trust; also personal obligation of Owner at time assessment fell due (Article IV, Sections 1 and 8)

Reserves & fees

Association required to establish and maintain adequate reserve fund for periodic maintenance, repair, replacement of Common Area improvements (Article IV, Section 2)

Pets

Yes, no more than 2 dogs, cats or other usual household pets per Lot (Article VI, Section 7)

Leasing & rentals

Yes, with minimum lease term of 90 days; lease must be in writing and include that terms are subject to Declaration, Organizational Documents, rules and regulations. (Article VI, Section 18)

Parking & vehicles

Trucks having more than 1 rear axle and commercial vehicles of any kind shall not be parked on any Lot except inside an enclosed garage; nor on any right-of-way. (Article VI, Section 13)

Fences

Fences require prior approval under Article V Section 3. No specific fence height or material given; must be reviewed for harmony of external design and location. (Article V, Section 3 (fences are structu)

Architectural approval

No building, wall, fence, structure, hedge, mass planting, addition, alteration, replacement, or change in exterior appearance shall be commenced without prior written approval of Declarant (during Class B) or Board/Architectural Committee. (Article V, Section 3)

Signs & flags

No signs, placards, posters, billboards visible from public view except: (a) Declarant may maintain appropriate sales signs; (b) Owner may place one 'For Sale' or 'For Rent' sign per Lot, not exceeding 24"x24"; (c) yard sale sign may be dis (Article VI, Section 10)

Setbacks / home size

One-story: 1,700 sq ft heated living area. Multi-story: 900 sq ft first floor, total not less than 1,700 sq ft. Deviations up to 10% allowed by Declarant/Board/ARC via recorded waiver. (Article VI, Section 3)

Use restrictions

Property shall be used for single-family residential purposes only. No building other than one detached single-family dwelling (≤2.5 stories), a garage for up to 2 vehicles, and non-metal outbuildings incidental to residential use. (Article VI, Section 2)

Amenities

No specific amenities described; definition includes improvements on Common Area for common use. The Common Area may include entrance signs, landscape easements, stormwater facilities. No pool, clubhouse, gym, trails, lake, or gates mention (Article I, Section 2 (Amenities definiti)

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