Bethel Homeowners Association Inc

Key facts from Bethel Homeowners Association Inc's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Townhome community (planned community) (Title: 'BETHEL TOWNHOMES')

Legal name

Bethel Homeowners Association, Inc. (Article I(b))

Developer / declarant

Marlowe & Moye, LLC, a North Carolina limited liability company (Opening paragraph)

Governing law

North Carolina Planned Community Act (Chapter 47F of the North Carolina General Statutes) (Article I(a))

Assessments & dues

$1,380 per Lot through December 31, 2020 (Article VII Section 4)

Special assessments

May levy special assessment for capital improvements or extraordinary maintenance with assent of 67% of votes of each class voting in person or by proxy (Article VII Section 5)

Collections & liens

Assessments are a continuing lien on the Lot; lien arises automatically 30 days after unpaid invoice; Association may foreclose lien; lien subordinate to first mortgages and ad valorem taxes (Article VII Sections 1, 10, 11)

Pets

Dogs, cats, or other household pets may be kept, provided not for commercial purposes and controlled per governmental ordinances (Article VIII Section 4)

Parking & vehicles

No commercial vehicle, boat, trailer, camper, camper top, recreational vehicle, or similar object may be parked/stored on private streets or any Lot; guests/invitees may park private passenger vehicle on driveway or paved parking area for u (Article VIII Section 8)

Fences

Fences require prior written approval (covered under general architectural control) (Article XII Section 1)

Architectural approval

No erection or installation of improvements (residences, buildings, outbuildings, fences, walls, other structures) without written approval of Declarant; subsequent alterations/modifications require approval of Declarant, Board, or Architec (Article XII Section 1)

Signs & flags

No sign displayed to public view on any Lot except: (i) advertising Lot for sale or rent, (ii) advertising building contractor during initial construction/sales, (iii) identifying rental/sales office or model home, (iv) identifying subdivis (Article VIII Section 6)

Maintenance

Not maintained by Association (excluded from exterior maintenance) (Article XIII)

Insurance

Property damage insurance at 100% of current replacement cost of Community Common Property (excluding land, earthen dams, foundation, excavation, etc.) covering fire and all other hazards; public liability insurance of at least $1,000,000 f (Article X Section 1)

Use restrictions

Properties shall be used only for residential purposes and purposes incidental or accessory thereto, except temporary Declarant/builders' offices, model units, construction materials, storage, equipment, signs, and parking (Article VIII Section 2)

Voting & meetings

Two classes: Class A (all Owners except Declarant) - 1 vote per Lot; Class B (Declarant and Builder) - 3 votes per Lot owned (Article V)

Amendments

May be amended with 67% vote of each class at meeting with quorum; before sale of first Lot, Declarant may amend without consent; Declarant may amend during Period of Development to conform to laws or for any reasonable purpose (not materia (Article XV Section 3)

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