Mulberrypark

Key facts from Mulberrypark's documents

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

Community type

Covenant / Planned Community

Units / lots

200 (Description: Lots 1 through 200, inclusi)

Developer / declarant

Satterwhite Construction, Inc. (Opening recital; Section 1.08)

Governing law

North Carolina Planned Community Act, Chapter 47F (Section 1.21 and Section 2.01(a))

Assessments & dues

$160.00 per Lot for 2006 (Section 2.05(c): for calendar year 2006,)

Special assessments

Allowed as per Board determination (Section 2.05(a)(4))

Collections & liens

Assessments unpaid for 30 days become a lien; may be foreclosed under G.S.47F-3-116 (Section 2.05(d))

Reserves & fees

Allocations to reserve funds are a Common Expense (Section 2.01(i)(9) and Section 2.05(b))

Leasing & rentals

Yes, with restrictions (Second Amendment, Part B, item 1)

Parking & vehicles

Restriction on parking on public streets only applicable to Owners and their family members/tenants (Section 2.11)

Architectural approval

Yes, Architectural Committee reviews requests by Owners to make improvements in accordance with Article 6 (Section 1.03)

Insurance

Hazard insurance on Common Area; liability insurance $1,000,000 (Section 2.09)

Voting & meetings

Each Member has voting rights as established in Declaration; votes allocated per Lot; different classes of membership possible (Section 2.06(a) and (c))

Amendments

By recording; prior City approval required for amendments affecting Article 2 or stormwater provisions, evidenced by signature of Director of Public Works or Planning (as amended) (Section 2.04 and Second Amendment item 2)

Amenities

Initially, no Amenities other than Stormwater Control Measures (Section 1.02)

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