Chadwick Sh

What Chadwick Sh's governing documents say

This is a collection of two ancillary documents for Chadwick Shores, a subdivision in Sneads Ferry, NC. The first is a deed correcting a lot number; the second is an assignment of rights and amendment of restrictive covenants, primarily about resubdivision consent and release fees. Neither document contains the full set of community rules for homeowners.

• What this document doesn't cover: These documents do not contain the community's full restrictive covenants, rules, or regulations. They are limited to correcting a lot number and transferring/amending rights related to resubdivision and deed of trust release fees.
• Resubdivision consent: The original restrictive covenants required developer consent to resubdivide lots. This document assigns that consent right from Chadwick Shores, Inc. to Cepco, Inc., allowing Cepco to approve resubdivisions as if it were the original declarant.
• Release fees for resubdivided lots: The amendment modifies the deed of trust so that any lot created by resubdivision is released upon payment of the same fee as the original lots (e.g., $50,000 per lot). The trustee is directed to execute releases accordingly.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.