Candlewick of Fayetteville Homeowners Association, Inc.

Key facts from Candlewick of Fayetteville Homeowners Association, Inc.'s documents

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

Community type

Townhouse homeowners association (HOA) (DOC 10115: 'Candlewick of Fayetteville H)

Legal name

Candlewick Townhouses Association, Inc. (Article I, Section 1)

Developer / declarant

Original Declarant: Measamer/West, LLC; also successors/assigns acquiring more than one undeveloped Lot for development (Article I, Section 6)

Governing law

N.C. Gen. Stat. §47F-3-104 (DOC 10113: 'pursuant to N.C. Gen. Stat. )

Assessments & dues

Maximum annual assessment is $240.00 per Lot until January 1 of the year immediately following transfer of the first Lot to an Owner other than Declarant (Article IV, Section 3)

Special assessments

Allowed in any assessment year for construction, reconstruction, repair or replacement of capital improvements on Common Area, with assent of two-thirds (2/3) of votes of members voting in person or by proxy at a duly called meeting (Article IV, Section 4)

Collections & liens

Assessments are a continuing lien on the Lot and personal obligation of the Owner at the time due; Association may bring action at law or foreclose; no waiver by non-use or abandonment (Article IV, Sections 1 and 8)

Pets

Dogs, cats and other household pets may be kept, provided they are not kept for commercial purposes (Article VIII, Section 5)

Leasing & rentals

Renting permitted only of the entire unit; no portion of a unit other than the entire unit may be rented (Article VIII, Section 15)

Parking & vehicles

Easements over Common Area for parking areas are granted to each owner of a residential site (Article IX, Section 4)

Fences

Fences are subject to prior written approval by the Board or architectural committee under Article V (Article V: 'No building, fence, wall or )

Architectural approval

Board or committee must approve or disapprove design and location within 30 days after plans are submitted; failure to act means approval is not required and the Article is deemed complied with (Article V)

Signs & flags

Only "For Rent" or "For Sale" signs permitted, referring only to the Lot, not exceeding two square feet, one sign per Lot (Article VIII, Section 9)

Maintenance

Association provides repair, replacement and care of roofs; Owner of townhouse unit is solely responsible for expense when required, added to assessment (Article VII)

Insurance

Each Owner must maintain and pay premiums for fire, casualty and extended coverage property insurance on each party wall used, with a licensed North Carolina insurer, naming each other using Owner as additional insured (Article VI, Section 6)

Use restrictions

Lots may be used only for residential purposes; only one single-family townhouse dwelling per Lot, not exceeding two and one-half stories in height (Article VIII, Section 1)

Voting & meetings

One class of Members; one vote per Lot owned; if multiple persons own a Lot, all are members but no more than one vote may be cast per Lot (Article III, Sections 1-2)

Amendments

Covenants continue for 25 years from recording and automatically extend for successive 10-year periods unless a majority of Lot Owners record a written termination; annexation of additional property requires two-thirds (2/3) owner vote (Dec (Article XII; Article X)

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