Richlands Landco

Key facts from Richlands Landco's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Community (residential subdivision) (Recital C and Article I)

Governing law

Chapter 47F of the North Carolina General Statutes (Planned Community Act) (Article I and Recital THEREFORE)

Age restriction

Not present. (N/A)

Assessments & dues

Common Expenses budgeted and allocated by the Association; Base Assessment on all Lots. Special Assessments and Neighborhood Assessments also possible. (Article IX (particularly Sections 9.3, 9)

Special assessments

Yes, authority to levy Special Assessments (Section 9.4). (Section 9.4)

Collections & liens

Yes, creation of lien and personal obligation for assessment (Section 9.2); specific assessment for maintenance work (Section 6.4) may be collected as Specific Assessment. (Section 9.2 and Section 6.4)

Reserves & fees

Not specifically mentioned, but reasonable reserves for capital repairs and replacements authorized for Neighborhood Expenses (Section 2.22). (Section 2.22)

Pets

Not explicitly stated; pet enclosures are mentioned as requiring screening (Section 4.3.12), implying pets are allowed with restrictions. (Section 4.3.12)

Leasing & rentals

Yes, leasing or transfer of Lot not prohibited; Association may require minimum lease term of six months and otherwise regulate leasing. (Section 4.5.3)

Parking & vehicles

Prohibited (no vehicle regularly parked on any roadway). (Section 4.3.8)

Fences

Fences require approval under Article V; no specific fencing rule mentioned besides screening (Section 4.3.12). (Section 5.1 (fences included as structur)

Architectural approval

Yes, no structure or thing shall be placed, erected, installed without approval of the Reviewer (Declarant or ARC). (Section 5.1 and 5.2)

Home business

Permitted as ancillary to primary residential use, subject to Rules and Regulations and applicable laws. (Section 4.1 (last sentence))

Maintenance

Owner responsible for repair of exterior damage to all structures (Section 6.3(l)). (Section 6.3(l))

Insurance

Reasonable deductible allowed; deductible treated as Common Expense. (Section 7.1.4)

Use restrictions

Yes, Lots and Common Areas used for residential and related purposes only, subject to Governing Documents. (Section 4.1)

Voting & meetings

Two classes: Class A (one vote per Lot per Owner except Declarant), Class B (Declarant: six votes per Lot it owns plus one vote for each Lot owned by others). All voting decided by simple majority unless otherwise provided. (Section 3.3)

Amendments

Article XIII sets amendment procedure for Declaration. Specifics not fully provided in text but referenced. (Table of Contents: Amendment to Declarat)

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