Legacy Office Park

Key facts from Legacy Office Park's documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Legacy Office Park (Document title; Article I, Section 10 (P)

Developer / declarant

Legacy, LLC, a South Carolina corporation, office at 2405-C Second Loop Road, Florence, SC 29501 (Opening paragraph)

Special assessments

Board may levy up to $500 per Lot per year without member vote; excess requires assent of 20 Lots voting in person or by proxy. (Article IV Section 6)

Collections & liens

Assessments are personal obligation and secured by continuing lien on the Lot; foreclosure similar to mortgage laws of South Carolina. (Article IV Sections 1, 10)

Reserves & fees

Must be established and maintained for periodic capital maintenance, repair, replacement of Common and Limited Common Areas; funded from annual assessments; may be used for emergencies if replenished next fiscal year. (Article IV Section 3)

Leasing & rentals

Yes, but lease must include provision that lessee is subject to Declaration, By-Laws, etc.; Owner responsible for lessee compliance. (Article II Section 2)

Fences

Must be approved prior to installation; no fence or wall closer to street than front wall of main business building. (Article VII Section 3)

Architectural approval

Yes, for any building, fence, wall, sign, structure, irrigation system, planting, or landscaping; also for any addition, modification of exterior or landscape design. (Article V Section 1)

Signs & flags

One sign identifying business/company per building per Lot; no advertising signs, posters, billboards; 'For sale'/'for rent' signs regulated by Board; judicial/foreclosure sale notices exempt. (Article VII Section 10)

Setbacks / home size

As approved in writing by Board before construction; must comply with zoning; terraces, stoops, eaves, wing-walls, steps not considered part of building for setback determination. (Article VII Section 2)

Voting & meetings

One vote per Lot owned; Members (Owners) vote. If multiple owners, they designate one vote. (Article III Section 2)

Amendments

Requires 75% of Lots vote in writing to modify or amend; cannot reduce Board's power to collect assessments or alter mortgagee rights without written consent; amendments must be recorded. (Article X Sections 3, 4)

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