Georgetowne

Key facts from Georgetowne's documents

Reflects the 1996 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (not condominium) (Article 5 Section 1; definitions)

Legal name

Georgetowne Homeowners Association, Inc. (Article 1 Section 2; Article 5 Section 1)

Units / lots

279 (Parcel count within mapped boundary (cou)

Developer / declarant

Liberty Developers, LLC, a North Carolina corporation, and Landmark Homes, Inc., a North Carolina corporation, their successors and assigns (Article 1 Section 9; opening paragraph)

Governing law

Nonprofit Corporation Act (Chapter 55A) of the General Statutes of North Carolina (Article 5 Section 1)

Collections & liens

Assessment not paid within 30 days after due date constitutes a lien; Association may record notice of lien, file suit, or foreclose. Personal obligation also applies. (Article 6 Sections 1 and 9)

Reserves & fees

Common Expenses may include 'any reasonable reserve' as determined by Board for maintenance and operation (Article 1 Section 8)

Pets

Dogs, cats, or other household pets kept not for commercial purposes are allowed; must be leashed and escorted, not running free (Article 9 Section 9(r))

Parking & vehicles

No stripped, partially wrecked, junk motor vehicle, or vehicle without current valid inspection sticker shall be kept on any Lot (Article 9 Section 9(h))

Fences

Approval required; fences facing/parallel to street must be wood construction; no fence nearer front lot line than 15 feet from rear of house unless approved; Owner encouraged to align with adjacent lots; Association maintains buffer fences (Article 9 Section 9(s))

Solar & roof

Covering shall be shingles or materials approved by Committee or Declarant (Article 9 Section 9(e))

Signs & flags

Only one 'For Sale' sign of not more than 6 sq ft for completed dwelling; no other advertising signs; vacant lot signs only with approval. Identification signs for homeowner also allowed (max 6 sq ft). (Article 9 Section 9(o))

Use restrictions

Yes – no commercial use; single-family detached residence only (Article 9 Section 1)

Voting & meetings

Class A (owners other than Declarant): one vote per Lot. Class B (Declarant): three votes per Lot until conversion. Only one vote per Lot overall. (Article 5 Section 3)

Amendments

Prior to December 31, 2015 or until all lots sold, Declarant may amend unilaterally. Thereafter, amendment requires vote of not less than 60% of Owners and recorded instrument. Cannot alter obligations to pay taxes or affect Declarant's rig (Article 12 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.