Coachwood Pines

Key facts from Coachwood Pines's documents

Reflects the 1988 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Units / lots

initially Lot 15 and Lot 16; additional lots to be created (Recitals: 'Lots 15 and 16 therein with t)

Developer / declarant

William F. Finnell (Preamble)

Governing law

South Carolina law (implicit) (State of South Carolina, County of Laure)

Assessments & dues

Initial yearly assessment: $35.00 per lot (Section 5.4)

Special assessments

Allowed for capital improvements, unexpected repairs, etc., with assent of two-thirds of members voting in person or by proxy at a meeting. (Section 5.8)

Collections & liens

Annual charge constitutes a lien on the lot. Foreclosure same as real estate mortgage. Lien subordinate to prior recorded mortgages. Notice via lis pendens. Association may also sue for judgment. (Sections 5.12, 5.13, 5.14)

Reserves & fees

Board shall consider reserves for future needs when setting assessments (5.7). No explicit reserve fund requirement. (Section 5.7)

Pets

Cats, dogs, horses, ponies, and small pets may be kept in reasonable numbers as pets. (Section 2.6)

Parking & vehicles

Travel trailers and boats (including accessories) not allowed in front yards; must be in side or back yards and unobtrusive. (Section 2.8)

Fences

Any wall, fence considered an improvement requiring Architectural Committee approval. (Section 4.5)

Architectural approval

Yes, for any improvements (including fences, walls, driveways, landscape plans, etc.). (Sections 4.3, 4.5)

Setbacks / home size

Front setback: as shown on recorded plat or established by Architectural Committee. Side setback: not less than 10% of lot width measured at building setback line, but in no event less than 10 feet. (Section 3.2)

Maintenance

Owners responsible for their lots; Association responsible for common area maintenance (street lights, signs, entrance beautification, etc.). Declarant initially responsible for common area until assessment begins. (Sections 5.3, 5.4)

Use restrictions

All lots shall be used exclusively for single family residential dwellings. (Section 2.1)

Voting & meetings

One vote per lot; each lot entitled to one vote irrespective of ownership. For amendment: majority of lot owners. For assessment increases greater than CPI/5%: two-thirds vote of members. For special assessments: two-thirds vote. (Duration paragraph (after recitals); Sec)

Amendments

Covenants run until January 1, 2000, then automatically extend for successive 10-year periods unless majority of lot owners (one vote per lot) vote to change or abrogate. No amendment procedure before expiration. (Paragraph before Article I (page 1-2))

Amenities

Declarant will not build swimming pool, tennis courts, or similar recreational facilities. May provide playground area. Common areas to be conveyed to Association lien-free. (Section 5.3)

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