Boshamer Farms

Key facts from Boshamer Farms's documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Community (Recital B: 'create a planned community t)

Developer / declarant

D.R. Horton, Inc.

Governing law

South Carolina Uniform Arbitration Act (S.C. Code Ann. § 15-48-10 et seq.) (Cover page; first page heading)

Assessments & dues

Board prepares budget of estimated Common Expenses at least 60 days before each fiscal year, including reserve contributions; Base Assessment levied equally per Lot (Section 8.3)

Special assessments

May be levied by affirmative vote of majority of Board and consent of Declarant during Declarant Control Period; payable as determined by Board (Section 8.4)

Collections & liens

When sums unpaid for 30 days or longer, Association may file claim of lien; lien superior except for prior recorded liens and tax liens; foreclosure action allowed (Section 8.2 and 8.10)

Reserves & fees

Budget includes contributions to reserve fund for repair and replacement of capital assets, based on separate reserve budget (Section 8.3: 'The budget shall include a)

Leasing & rentals

Yes, but subject to rules: maximum 20% of Lots may be leased at any time, minimum lease term of 6 months, Owner must obtain permit from Board, Board may require documentation (Section 3.5.3)

Parking & vehicles

No vehicle permitted to park regularly on any roadway within the Community (Section 3.3.7: 'No vehicle will be permi)

Fences

Fences are subject to ARC approval as part of 'no structure or thing' (Section 4.1: 'including but not limited )

Architectural approval

No structure or thing (including fences) shall be placed, erected, or installed on any Lot without approval from the Reviewer (Declarant or ARC). Includes landscaping, grading, exterior alterations. Exceptions: repainting same color scheme, (Section 4.1 and 4.2)

Home business

Home business ancillary to primary residential use is permitted, subject to Rules and Regulations and applicable laws (Section 3.1: 'Notwithstanding the above,)

Signs & flags

No signs, billboards, banners without prior written ARC approval. Exceptions: flags and political signs normally displayed in single-family residential neighborhoods; Association may adopt reasonable restrictions. Signs by Declarant/builder (Section 3.3.3)

Maintenance

Association maintains Common Areas, roads, sidewalks, drainage, retaining walls, entry features, ponds, etc. Owner maintains Lot and adjacent unimproved Common Area. (Section 5.2 and 5.3)

Insurance

Deductible treated as Common Expense unless loss caused by negligence of Owner/Occupant, then may be assessed as Specific Assessment (Section 6.4)

Use restrictions

Lots and Common Area shall be used for residential and related purposes only, subject to exceptions for Declarant/builder offices, model homes, sales offices (Section 3.1)

Voting & meetings

Two classes: Class A Members (owners) entitled to 1 vote per Lot; Class B Member (Declarant) entitled to 1 vote per Lot owned plus 1 vote for each Lot owned by others. Simple majority decides matters. (Section 2.3)

Amendments

Declarant expressly reserves right to amend unilaterally, retroactively, or prospectively without Owner consent while owning any portion of Property. After control period, amendment procedure not specified in this Declaration. (Introductory paragraphs before Article I)

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