The Village Townhouses

Key facts from The Village Townhouses's documents

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

Community type

Covenant / Planned Community

Legal name

The Village Townhouses Homeowners Association, Inc.

Developer / declarant

ABBEY'S DEVELOPMENT, LLC, a South Carolina limited liability company (DECLARATION made this 28th day of Februa)

Assessments & dues

Board levies regular annual assessments payable monthly for Common Property improvement, maintenance, repair, enhancement and services (Article V, Sections 1 and 3)

Special assessments

Board may levy special assessments for: paved area repair/replacement; Common Property walls/landscaping; facilities/equipment; loan repayment; exterior surface repair/maintenance excluding roofs (Article V, Section 4)

Collections & liens

Assessments are a charge and continuing lien on the Lot/Townhouse and personal obligation of Owner; co-owners jointly and severally liable; no waiver by non-use or abandonment (Article V, Section 1)

Reserves & fees

Reserve and working capital fund established by $100 payment at each initial closing (Owner and Developer) (Article V, Section 12)

Leasing & rentals

Tenants/lessees under written agreements are recognized as Residents; no lease term, cap, or disclosure restrictions stated (Article I, definitions (j) and (k))

Parking & vehicles

Property includes paved parking areas, drives, roads; Declarant may add to or re-align parking spaces while it owns Dwellings primarily for sale (Article II, Section 1: 'paved parking ar)

Architectural approval

Association required to review and approve or disapprove plans and specifications for work on any Townhouse and landscaping on any Lot as provided in the Declaration of Rights, Restrictions, etc. (Article VI, Section 2(d))

Signs & flags

Owner prohibited from displaying privately posted signs, particularly 'For Rent' signs, including those visible through windows (Article VII, Section 1)

Maintenance

Association replaces roofs when need results from normal wear and tear due to aging; Association determines whether replacement is at Association expense or repair at Owner expense (Article VI, Section 2(i))

Insurance

Association required to maintain liability insurance in amounts determined by the Board, including officers/directors coverage (Article VI, Section 2(e))

Use restrictions

Lots and/or Dwellings restricted exclusively to single-family residential use (Article II, Section 1: 'The Lots and/or )

Voting & meetings

Each Lot/Dwelling entitled to one vote cast by the Owner; no Owner has more than one membership or vote per Lot/Dwelling (Article III, Sections 1 and 2)

Amendments

Declarant may amend unilaterally while it owns at least one Lot. Otherwise amendments require two-thirds of votes cast at a duly called meeting with at least 30 days notice; addendum recorded with vote details. No amendment without Declaran (Article VIII, 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.