Zacharyskeep

Key facts from Zacharyskeep's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Zachary's Keep Homeowners Association, Inc.

Developer / declarant

Builders Land, Inc., a North Carolina corporation (Preamble)

Assessments & dues

Maximum $240.00 per Lot until December 31, 2005, collectible in monthly installments of $20.00 (Article V, Section 5(a))

Special assessments

Association may levy special assessment for capital improvements, repairs, or replacement of improvements on Common Area or private easements, with consent of at least two-thirds of votes of each class of Members voting. (Article V, Section 6)

Collections & liens

Each assessment creates a continuing lien and charge against each Lot, including costs and reasonable attorneys' fees. Association may bring action at law or foreclose lien. Lien is subordinate to ad valorem taxes and first or second deeds (Article V, Sections 3, 9, 10)

Reserves & fees

Working Capital Fund established to meet initial operational needs. No specific reserve fund requirement for future repairs. (Article V, Section 8)

Pets

Standard household pets allowed in reasonable number, limit three (3) per home, kept primarily within residence, not for commercial use or breeding. (Article VI, Section 3(j))

Parking & vehicles

Association may regulate parking on Common Areas. No boats, trailers, motor homes, recreational vehicles, or trucks parked within right-of-way of any public or private street. Each Owner must provide at least one additional off-street parki (Article IV, Section 4; Article VI, Secti)

Fences

Decorative wooden fencing of good quality may be erected, but quality, style, color, and location must be approved by Committee. Fencing must be maintained in good repair. Metal and/or chain-link fencing prohibited. (Article VI, Section 3(m))

Architectural approval

No site preparation or initial construction, erection, or installation of any improvements (including dwellings, outbuildings, landscaping, fences, walls, signs, antennas, mailboxes, post lamps) shall be undertaken without written approval (Article VI, Section 1(a))

Home business

No business or trade activity on any Lot, except Owner may use one room of residence as home office provided nothing visible from outside, no business clients or general public visit, and no annoyance or nuisance to neighborhood. (Article VI, Section 3(h))

Signs & flags

No signs of any kind on any Lot except Declarant's 'for sale' signs for first time sales (no subcontractor's or lender's signs). Thereafter, only one 'for sale' sign allowed per Lot. No signs negatively impacting Declarant's sales and marke (Article VI, Section 3(w), (cc))

Setbacks / home size

All setback requirements as required by applicable zoning unless otherwise designated on recorded plat(s). (Article VI, Section 3(g))

Maintenance

Owner responsible for exterior maintenance of dwelling, landscaping, and general appearance of Lot. Association responsible for Common Areas, including maintenance, repair, insurance, landscaping, and beautification. (Article VI, Section 1(g); Article V, Sec)

Insurance

Each Owner must keep dwelling insured against fire or other hazard with extended coverage in amount at least 90% of replacement value. Association named as insured 'as its interest may appear'. Insurance proceeds applied to rebuilding or re (Article VIII, Section 1)

Use restrictions

All Lots shall be used for single-family residential use only. No building other than detached single-family dwelling, private garage for not more than 3 automobiles, and one wooden accessory building on permanent foundation. (Article VI, Section 3(b))

Voting & meetings

Each Lot owned by a person other than Declarant entitles owner to one vote. Declarant as Class B member has three votes per Lot owned. Class B converts to Class A upon earlier of: (i) 4 months after total Class A votes equal Class B votes, (Article III, Section 2(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.