Chesney Place Owners' Association

Key facts from Chesney Place Owners' Association's documents

Reflects the 1998 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Definition: 'Chesney Place Owners Associ)

Developer / declarant

Harris Residential Construction, LLC (Preamble)

Governing law

Chapter 55A of the North Carolina General Statutes (Nonprofit Corporation Act) (Preamble)

Assessments & dues

Set annually by Executive Board in budget; equal for all Lots (Section 6.2(1): 'amounts as determined b)

Special assessments

Additional assessments require 2/3 vote of members at a special meeting. Special assessments for individual lots for non-compliance, improvements benefiting that lot, or charges. (Section 6.2(4)-(5))

Collections & liens

Unpaid assessments constitute a lien on the Lot (Section 12.2). Mortgagee in possession takes free of prior assessment liens; excess foreclosure proceeds go to satisfy lien. (Section 6.4(2) and Section 6.2(1)(c))

Reserves & fees

Executive Board shall maintain reasonable reserves for working capital, contingencies, replacements. Reserves may be deposited or invested in US obligations. (Section 6.2(7))

Pets

Yes, dogs, cats, or other household pets permitted. (Section 8.2(15))

Leasing & rentals

Yes, but minimum lease term of 30 consecutive calendar days. (Section 8.4)

Parking & vehicles

Trucks, trailers, campers, RVs, boats only if permitted by Board and in designated areas. No junked vehicles. Vehicle repairs and storage not allowed without approval. (Section 8.2(13))

Fences

Only fences installed by Declarant or Association are allowed without approval; any other fence requires written approval of Covenants Committee and conformance with established standards. (Section 8.2(12))

Architectural approval

Yes, Covenants Committee approval required for any exterior addition, alteration, or improvement visible from outside Lot, including paint, signs, fences, antennas. (Section 7.5(1)(a) and Section 9.1)

Home business

Not explicitly prohibited but residential use only; Declarant may use for sales/construction. (Section 8.1 and Section 8.2(1))

Signs & flags

No signs visible from Common Elements or other Lots without prior written approval of Covenants Committee. Exception: Declarant's promotional signs and Association signs. (Section 8.2(7))

Setbacks / home size

No building nearer to street or side/rear lot line than setback lines shown on recorded plats. (Section 8.2(16))

Maintenance

Association: Common Elements, plantings/landscaping outside fences, privacy fences. Owner: improvements on Lot and Limited Common Elements as directed by Board. (Section 7.1, 7.2)

Use restrictions

No Lot shall be used for any purpose other than as a residence for one single family, all members related by blood/marriage (including adopted/stepchildren), unless Executive Board approves otherwise. (Section 8.1)

Voting & meetings

Class A (Owners): one vote per Lot. Class B (Declarant): one vote per Lot plus appointer of majority of board and veto power during Development Period. (Section 1.3(3)(a)-(b))

Amendments

Article 15: Amendment by Declarant (during development period) or by Association. Prerequisites and HUD/VA approval possibly mentioned. (Article 15 (Section 15.1, 15.2))

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