Kenwood Reserve Homeowners Association Inc

Key facts from Kenwood Reserve Homeowners Association Inc's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Single-family residential subdivision (Preamble)

Legal name

Kenwood Reserve Homeowners Association, Inc.

Units / lots

59 (Lots 1-19 and 47-59 in Phase One) (Exhibit A, Tract One)

Developer / declarant

Teague-Hankins Development, Corp. (Preamble)

Governing law

North Carolina nonprofit corporation law (implied) (Preamble)

Assessments & dues

Maximum $420.00 per Lot per year (Article VII.C.2)

Special assessments

May be levied for capital improvements upon affirmative vote of Class B Member (while owning Declarant's Property) and majority of Class A Members; Declarant exempt from paying (Article VII.F)

Collections & liens

Lien on Lot for unpaid assessments, with power of sale; subordinate to first mortgages; foreclosure extinguishes lien for pre-foreclosure assessments but personal obligation remains (Article VII.G.2, H)

Reserves & fees

No explicit reserve fund requirement found in document (Not addressed)

Pets

Dogs, cats, or other household pets may be kept as domestic pets, not for commercial purposes (Article VIII.A.4)

Leasing & rentals

Not specifically addressed in document (Not addressed)

Parking & vehicles

Trucks over 1 ton not permitted to park overnight on streets or driveways; no vehicles transporting inflammatory/explosive cargo; no mobile homes except temporary sales/construction offices (Article VIII.A.10)

Fences

No fence, retaining wall, or screening wall closer to front lot line than front of dwelling; corner lot restrictions; chain link fences and animal pens prohibited; all fences/walls require written approval; must be maintained in good repair (Article VIII.A.18)

Architectural approval

Plans and specifications for improvements must be approved in writing by Declarant (while Class B Member) or Architectural Review Committee (after); approval required before clearing, grading, or construction (Article III.A.1)

Solar & roof

Alternative energy devices (solar, wind, bio-mass) require prior written permission of Declarant or Architectural Review Committee (Article VIII.A.15)

Home business

No portion of a Lot shall be used for business, manufacturing, or commercial purposes (Article VIII.A.3)

Signs & flags

No signs placed, altered, or allowed without prior permission of Declarant or Architectural Review Committee (Article VIII.A.16)

Setbacks / home size

Front: 40-80 feet; Rear: 25 feet; Side: 10 feet; Corner lots: 40-80 feet from one street and 20 feet from other; more restrictive of plat or Declaration controls (Article VIII.A.6)

Maintenance

Not specifically addressed in document (Not addressed)

Insurance

Not specifically addressed in document (Not addressed)

Use restrictions

Lots limited to single-family residential purposes; no business, manufacturing, or commercial use (Article VIII.A.1, A.3)

Voting & meetings

Class A Members: 1 vote per Lot owned; Class B Member: 59 votes per Lot owned; no cumulative voting; only members in good standing may vote (Article IV.C)

Amendments

While Declarant owns Declarant's Property, Declarant may revoke/amend; thereafter, 66-2/3% of Members voting required; amendments recorded in Wake County (Article XII.A)

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