Pinchot Forest

Key facts from Pinchot Forest's documents

Reflects the 2011 governing documents — figures and rules are as originally recorded and may have changed since.

Governing law

North Carolina Planned Community Act, N.C.G.S. 47F (Preamble and Art. I, §1.1)

Assessments & dues

Fixed annually by Master Board; no specific dollar amount stated (Art. VIII, §8.3)

Special assessments

Allowed for capital improvements or enforcement costs; requires 67% vote of members (Art. VIII, §8.4)

Collections & liens

Assessment constitutes a lien when claim of lien filed; foreclosure allowed under N.C. Article 2A of Chapter 45 or Article 29A of Chapter 1 (Art. VIII, §8.7.1 and §8.7.2)

Reserves & fees

Master Association Reserve Fund established for repair, replacement, improvement of Master Common Elements and operations (Art. VIII, §8.2.10)

Leasing & rentals

Units with completed home may be leased for residential single-family purposes only (Art. II, §2.2)

Home business

Private home offices allowed if pre-approved by Master Board and no vehicular or pedestrian traffic generated (Art. II, §2.1)

Use restrictions

Subdivision used solely for Lot Homes, Townhomes, and Condominiums; no business or commercial activity, except private home offices with pre-approval (Art. II, §2.1)

Voting & meetings

Each Unit Owner has one vote per Unit owned; during Master Control Period, Developer controls amendments; after control period, 67% vote required for amendments (Art. V, §5.1; Art. XII, §12.4)

Amendments

During Master Control Period: Developer alone may amend. After control period: 67% vote of Unit Owners required. Amendments must be recorded. (Art. V, §5.1; Art. XII, §12.4)

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