Harpsmill

Key facts from Harpsmill's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Office Condominium (Title)

Legal name

7000 Harps Mill Office Condominium Owners Association, Inc. (Section 1.1)

Developer / declarant

Harps Mill Developers, LLC, a North Carolina limited liability company (Preamble; Section 1.10)

Governing law

North Carolina Condominium Act, N.C.G.S. Chapter 47C (Preamble; Section 2.1)

Assessments & dues

Maximum initial annual assessment is $1200.00 per Unit per year, prorated and adjusted according to percentage interest (Section 4.4)

Special assessments

May be levied for capital improvements with assent of Owners of a majority of Units (Section 4.3)

Collections & liens

Unpaid assessment for 30 days constitutes a lien on the Unit when filed of record; Association may foreclose; lien subordinate to first mortgage and ad valorem taxes (Section 4.1; Section 4.2)

Reserves & fees

Annual assessments used for reserves for future repair, maintenance and replacement of Common Elements (Section 4.3)

Leasing & rentals

Leasing permitted, but must be in writing on forms approved by Executive Board and subject to Condominium Documents (Section 8.10)

Parking & vehicles

No vehicles stored, parked, or kept on Property except in designated parking areas; parking charges may be imposed for violations (Section 8.7; Section 8.15)

Architectural approval

No building, fence, wall, or other structure or improvement shall be commenced, erected, or maintained, nor exterior addition or change made, until plans and specifications submitted to and approved in writing by Declarant during control pe (Article VII)

Solar & roof

Exterior color of all or any part of Building cannot be changed unless color scheme of entire Condominium is similarly changed; requires approval of three-fourths of Owners at duly called meeting with quorum (Article VII)

Home business

Use limited to professional services, other commercial services, general offices, and other uses permitted by applicable zoning (Section 8.2)

Signs & flags

No signs or attachments to exterior of Unit, Building, or Common Elements without prior written approval of Declarant during control period or Executive Board thereafter (Section 8.5)

Maintenance

Association maintains Common Elements including roofs, exterior surfaces, trees, shrubs, walks, parking lots, lighting, irrigation, retaining walls, foyers, entryways, hallways, dumpsters; Owner responsible for Unit and personal property se (Section 6.1; Section 6.3; Section 8.12)

Insurance

Commercially reasonable deductible not in excess of $10,000 (Section 10.1)

Use restrictions

No Unit may be used for residential purposes (Section 8.1)

Voting & meetings

Each Owner is entitled to a number of votes equal to the percentage interest of ownership of the Common Elements (Section 2.5; Bylaws Section 1.7)

Amendments

Declaration may be amended by instrument signed by Owners of at least 60% of total percentage undivided interests in Common Elements; during Declarant Control, requires written approval of Declarant; amendment must be recorded (Section 16.5)

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