Prospective Purchasers C&N

Key facts from Prospective Purchasers C&N's documents

Community type

HOA (Article 3A (Homeowners Association))

Units / lots

22 (Lots 5-16 and 40-49 inclusive) (WHEREAS paragraph)

Developer / declarant

C & N DEVELOPERS, INC. (First paragraph)

Governing law

North Carolina Nonprofit Corporation Act (Chapter 55A) (Article 3A)

Assessments & dues

$100.00 per Lot (initial maximum until June 1 of year following first lot conveyance) (Article 6B)

Special assessments

May be levied by majority vote of Board or members (Article 7)

Collections & liens

Lien attaches after 30 days late; may foreclose or sue (Article 8)

Reserves & fees

Included in Common Expenses definition (any reasonable reserve) (Article 1 (Common Expenses definition))

Pets

Dogs, cats or other household pets in reasonable number; not for commercial purposes; no Rottweiler or Pitt Bull (Article 12F16, Article 12F36)

Parking & vehicles

Each Lot shall contain off street parking spaces for parking 2 automobiles (Article 12F30)

Signs & flags

Only approved 'For Sale' and builder identification signs; temporary; must be approved by Committee (Article 12F13, Article 12F28)

Voting & meetings

One vote per Lot owned (Article 3D)

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