Avalyn Owners Association Inc

Key facts from Avalyn Owners Association Inc's documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Avalyn Owners Association, Inc.

Units / lots

28 lots (Lots 1-28) (Article I)

Developer / declarant

Silvermist Investments, LLC and Robuck Homes Triangle, LLC (Preamble)

Governing law

Chapter 47F of the North Carolina General Statutes (North Carolina Planned Community Act) (Preamble)

Assessments & dues

Maximum $1,500.00 per Lot as of recording date (Article V, Section 4)

Special assessments

Special assessments for capital improvements require 75% vote of each class (Article V, Section 5)

Collections & liens

Assessments are a lien on the Lot; may foreclose under power of sale or Chapter 47F (Article V, Sections 1 and 10)

Reserves & fees

Association shall establish and maintain adequate reserve fund for periodic maintenance, repair, replacement of Common Area improvements (Article V, Section 3)

Pets

Dogs, cats, or other household pets allowed, but not for commercial purposes; no exotic animals or traditional livestock (Article VII, Section 4)

Leasing & rentals

Owner may lease entire residence; no portion separately; residential purposes only (Article VII, Section 6)

Parking & vehicles

Parking only in enclosed garage or driveway; no parking on Common Area; no parking on streets except temporary per Board rules (Article VII, Section 12)

Fences

No fence without prior written consent of ARC; no fence, wall, hedge, or mass planting closer to front street than front of residence except with ARC approval (Article VII, Section 8)

Architectural approval

No building, sign, fence, hedge, wall, walk, dog house, landscaping, ornaments, statues, grading, site improvement, or other improvements without prior written approval of Architectural Review Committee (Article VI, Section 1)

Solar & roof

Solar collectors require ARC approval; restrictions on placement; may require screening (Article VII, Section 14)

Home business

Trade or business prohibited without written Board approval; Board may grant if no disturbance, no undue traffic/parking congestion (Article VII, Section 2)

Signs & flags

One political sign max 24x24 inches in front yard or window, not earlier than 45 days before election, removed within 7 days after; no political signs on Common Area (Article VII, Section 9(d))

Setbacks / home size

Minimum enclosed heated area of 2,400 square feet (exclusive of porches, garages, decks) (Article VI, Section 4(a))

Maintenance

Association maintains Common Area including entrance signs, stormwater devices, central mailbox, cemetery; Owners maintain their Lots and improvements (Article VI, Sections 2 and 3)

Insurance

Association shall insure all buildings/improvements on Common Area and personal property for at least 80% of replacement cost; public liability insurance with limits of no less than $1,000,000 per occurrence (Article IX, Section 1(b) and (c))

Use restrictions

Property shall be used only for single family residential purposes and incidental/accessory uses (Article VII, Section 2)

Voting & meetings

Class A Members (all Owners except Declarant) have 1 vote per Lot; Class B Member (Declarant) has 10 votes per Lot owned until end of Declarant Control Period (Article IV, Section 2)

Amendments

Declaration runs for 20 years, automatically extended for successive 10-year periods; during Declarant Control Period, Declarant may unilaterally amend; otherwise requires 75% vote of Owners; amendments must be recorded (Article X, Section 3)

Amenities

No specific amenities listed; Common Area includes Open Space, entrance signs, stormwater devices, community mail kiosk, parking area, and cemetery (Article V, Section 2)

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