Vineyard at Bedford Homeowners Association Inc

Key facts from Vineyard at Bedford Homeowners Association Inc's documents

Community type

Attached single-family townhomes (Preamble, WHEREAS clause)

Legal name

Vineyard at Bedford Homeowners Association, Inc.

Developer / declarant

1st American Builders, LLC, a North Carolina limited liability company (Preamble)

Governing law

Chapter 47F of the North Carolina General Statutes (North Carolina Planned Community Act) (Article I, Section 1)

Assessments & dues

Maximum Annual Assessment until December 31, 2004: $1,200.00 per Class A Lot; Class B Lot assessment is one-fourth (1/4) of Class A (Article V, Section 3)

Special assessments

May be levied for capital improvements, repayment of indebtedness, or any other purpose, with same assent as Section 3(b) (Class B Member + 2/3 of Class A votes cast); Class B special assessment is one-fourth (1/4) of Class A (Article V, Section 5)

Collections & liens

Unpaid assessments, interest, late charges, and costs of collection (including reasonable attorneys' fees) are a continuing lien on the Lot and personal obligation of the Owner at time assessment fell due; Association may foreclose the lien (Article V, Sections 1 and 7)

Reserves & fees

Assessment not paid within 15 days after due date incurs late charge established by Board (Article V, Section 7)

Pets

Reasonable number of cats, dogs, and other household pets allowed, provided not kept/bred/maintained for commercial purpose and not a nuisance (Article XI, Section 4)

Parking & vehicles

Association shall provide and maintain at least minimum number of parking spaces required by City of Raleigh; Board may assign parking spaces on equal, non-discriminatory basis (Article XI, Section 6)

Architectural approval

Architectural review and approval of any improvement to be constructed or installed on any Lot or Sub-Association Common Area and any change or modification shall be done in accordance with Article X of the Master Declaration (Article IX)

Signs & flags

No signs displayed to public view except: signs advertising Lots for sale during construction/sales period; one sign not more than 10 sq ft advertising property for sale or rent; political signs not more than 10 sq ft (placed no earlier tha (Article XI, Section 5)

Maintenance

Association responsible for exterior maintenance of Units (painting, repair, replacement of exterior building surfaces, roofs, gutters, downspouts, sidewalks, stoops, parking areas); Owner responsible for all other maintenance not Associati (Article VI, Sections 1 and 2)

Use restrictions

All Lots shall be used for residential purposes only; no trade, business, profession or commercial activity except as permitted by Raleigh City Code, with exceptions for Declarant/Developer sales and construction activities (Article XI, Section 1)

Voting & meetings

Two classes: Class A Members (owners of Lots except those owned by Class B Member or Developer) get 1 vote per Lot; Class B Member (Declarant) gets 3 votes per Lot owned by Declarant and 3 votes per Lot owned by Developer (Article III, Section 2)

Amendments

Covenants run with land for 25 years from recording, then automatically extended for successive 10-year periods unless terminated or altered by vote; during Declarant Control Period, Declarant may amend without consent for conforming to gov (Article XII, 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.