Weatherstone Homeowners Association Inc

Key facts from Weatherstone Homeowners Association Inc's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Townhome community (Title and Article I, Section 5)

Legal name

Weatherstone Homeowners Association Inc

Developer / declarant

Jade Associates II, LLC (and Shugart Enterprises, LLC as co-declarant) (Preamble; Article I, Section 3)

Governing law

Planned Community Act (NC) (Article II, Section 1(d) (Section 47F-3-)

Assessments & dues

Maximum $840.00 per lot per year (until Dec 31 of year first lot conveyed to Owner-Occupant), collectible in monthly installments of $70.00 (Article IV, Section 3(b))

Special assessments

May levy for capital improvements with assent of 80% of votes (and Declarant consent during Declarant Control) (Article IV, Section 4)

Collections & liens

Assessments are a continuing lien on the property when claim of lien filed; may foreclose like mortgage/deed of trust; personal obligation of Owner (Article IV, Sections 1 and 9)

Reserves & fees

Association shall establish and maintain adequate reserve fund for periodic maintenance, repair, replacement of Common Area improvements (Article IV, Section 2(b))

Pets

Dogs, cats, or other household pets allowed (not for commercial purposes) (Article VII, Section 4)

Leasing & rentals

Yes, no restriction on right to lease except lease must be in writing, term at least one month, and subject to Declaration/rules (Article II, Section 3)

Parking & vehicles

No boats, trailers, RVs, campers, or similar vehicles parked/stored on Common Area or Lot unless enclosed in garage; commercial vehicles not parked/stored (except temporary up to 24 hours or during service/construction) (Article VII, Section 6)

Fences

Fences require ARC approval; maintenance within privacy fence enclosure is Owner responsibility (Article V, Section 1; Article VI, Sectio)

Architectural approval

Yes, for any improvement, addition, alteration, repair, reconstruction, change in paint color, excavation, change in grade, planting, landscaping, exterior decoration, or other work altering exterior appearance (Article V, Section 1)

Solar & roof

Not specifically addressed (Not stated)

Home business

Not specifically addressed (Not stated)

Signs & flags

Only ONE 'For Sale' sign or one other temporary sign (max 48 hours); no signs deemed nuisance/detriment; Declarant may erect sales signs (Article VII, Section 8)

Setbacks / home size

Dwelling cannot be altered/reconstructed to contain less square footage than originally constructed by Declarant without ARC approval (Article VII, Section 2)

Maintenance

Association repairs and replaces roofing materials and gutters of dwellings (Article VI, Section 1)

Insurance

Association maintains liability and casualty insurance it deems necessary or desirable (Article IV, Section 2(a))

Use restrictions

No Lot shall be used except for single-family residential purposes (Declarant may use as sales office/model) (Article VII, Section 1)

Voting & meetings

Two classes: Class A (all Owners except Declarant/Shugart, 1 vote per lot); Class B (Declarant and Shugart, 3 votes per lot owned) (Article III, 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.