Summitpark

Key facts from Summitpark's documents

Community type

Covenant / Planned Community

Legal name

Summit Park Homeowner’s Association

Developer / declarant

Rene Langford, Inc. (Preamble)

Governing law

North Carolina General Statutes (Article 2A of Chapter 45, Article 8 of Chapter 44) (Article IV, Section 10: The lien ... sha)

Assessments & dues

Maximum $350 per month per Living Unit prior to December 31, 2002 (Article IV, Section 3(a): a) Initial Max)

Collections & liens

Association may foreclose lien; lien subordinate to first mortgages and ad valorem taxes (Article IV, Section 10, 11)

Reserves & fees

Board shall create and maintain a reserve fund for periodic maintenance, repair, replacement of improvements to Buildings (Article IV, Section 5: Replacement Reser)

Pets

Yes (dogs, cats, other household pets) (Article IX, Section 4: dogs, cats or oth)

Leasing & rentals

Yes (Article IX, Section 17: No Living Unit m)

Parking & vehicles

Association may regulate and prohibit parking of boats, trailers, campers, motorhomes, trucks, commercial vehicles; repair on common area prohibited (Article II, Section 1)

Architectural approval

Yes, for any site preparation, construction, or alteration (Article VI: No site preparation ... or i)

Home business

Prohibited (Article IX, Section 8: No industry, busi)

Signs & flags

Only 'For Sale' or 'For Rent' signs by owner/mortgagee; Declarant may erect sales signs during development (Article IX, Section 9: No owner shall di)

Maintenance

Association exterior maintenance; owner interior and casualty/exclusions (Article VIII, Section 1: Association pro)

Use restrictions

Yes (Article IX, Section 2: No portion of the)

Voting & meetings

25% of each class of membership for meetings under Article IV and Article VII (Article IV, Section 6: presence of membe)

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