North College Park

Key facts from North College Park's documents

Reflects the 1997 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

North College Park Homeowners Association, Inc. (Article I, Section 1)

Units / lots

74 (based on lot numbers referenced: 1,2,3,7,8,9,10,11,12,13,14,15,16,18,19,20,21,22,24,68,69,70,71,72,73,74) (Recitals (list of lots owned by various )

Developer / declarant

North College Park, L.L.C., a North Carolina limited liability company (Preamble)

Assessments & dues

Maximum annual assessment to and including January 1, 1998: $120.00 (Article IV, Section 2(a))

Special assessments

May be levied for construction, reconstruction, restoration, repair, or replacement of capital improvements on Common Area, extraordinary maintenance, with assent of two-thirds (2/3) of votes of each class of members voting in person or by (Article IV, Section 4)

Collections & liens

Association may bring action at law against Owner personally obligated, or foreclose lien against Lot; lien enforceable pursuant to Article 2A of Chapter 45 of NC General Statutes; claim of lien recordable after 30 days after due date (Article IV, Section 9)

Reserves & fees

Board shall create and maintain a reserve fund for periodic maintenance, repair, and replacement of improvements to Common Area (Article IV, Section 5)

Pets

Dogs, cats, pet birds, or other household pets may be kept, provided not for commercial purposes, controlled per governmental ordinances, not offensive, dangerous, or nuisance (Article VI, Section 4)

Parking & vehicles

No boats, trailers, campers, motorhomes, trucks, or tractors parked on any Lot, Common Area, or right-of-way, except inside enclosed garage; pick-up trucks, delivery and maintenance vehicles permitted (Article VI, Section 12)

Architectural approval

No site preparation or initial construction/erection/installation of improvements, or additions/changes/alterations, by any Owner other than Declarant, until plans and specifications approved in writing by Architectural Committee (Article V)

Home business

No industry, business, trade, occupation, or profession conducted on any Lot, except Declarant's sales/display and limited home office activities approved by Board of Directors (Article VI, Section 8)

Signs & flags

No Lot Owner shall display any sign, placard, poster, billboard, or identifying name/number, except as allowed by Association or required by local government; Declarant may place "For Sale" signs and during development may erect appropriate (Article VI, Section 9)

Setbacks / home size

No building nearer than 20 feet to front Lot line, 20 feet to rear Lot line, 5 feet to side Lot line with minimum aggregate side yard setback of 15 feet; corner Lots: minimum 20 feet from side street and 20 feet from front Lot line; eaves, (Article VII, Section 4)

Insurance

Association shall maintain: public liability and property damage insurance; liability insurance with cross-liability endorsements; such other insurance as determined desirable including fire and hazard insurance on Common Area improvements (Article IX, Section 1)

Use restrictions

No portion of Property (except temporary office of Declarant and building models) shall be used except for single-family residential purposes and incidental/accessory purposes (Article VI, Section 2)

Voting & meetings

For meetings on assessments: presence of members or proxies entitled to cast 40% of all votes of each class; subsequent meeting quorum is one-half of required quorum (Article IV, Section 6)

Amendments

Declaration may be amended by instrument signed by not less than sixty-seven percent (67%) of Lot Owners (Article XI, 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.