Gulliver Oaks

Key facts from Gulliver Oaks's documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

planned community (to create from the Property... a planned)

Developer / declarant

Gulliver Street Associates, LLC (by Gulliver Street Associates, LUC [sic])

Governing law

South Carolina Uniform Arbitration Act (S.C. Code Ann. § 15-48-10 et seq.) (THIS AGREEMENT IS SUBJECT TO BINDING ARB)

Assessments & dues

Board prepares budget at least 60 days before fiscal year, levies Base Assessments equally against all Lots. (Section 9.3: 'At least Sixty (60) days b)

Special assessments

allowed by majority vote of Board and consent of Declarant during control period; payable as determined by Board (Section 9.4: 'Any such Special Assessmen)

Collections & liens

unpaid assessments become lien after 30 days, superior to all other liens except prior recorded liens and real estate taxes; Association may file claim of lien and foreclose (Section 9.2: 'All sums assessed against )

Reserves & fees

budget includes contributions to reserve fund for repair/replacement of capital assets based on separate reserve budget (Section 9.3: 'The budget shall include a)

Leasing & rentals

yes, but may require minimum lease term of 6 months and otherwise regulate leasing (Section 4.5.3: '...the Association may r)

Fences

fences subject to ARC approval (Section 5.1)

Architectural approval

yes, for any structure or improvement, including fences, site work, exterior alterations, landscaping (Article V, Section 5.1: 'No structure or)

Home business

permitted ancillary to residential use, subject to Rules and Regulations and applicable laws (Section 4.1: 'home business use ancillar)

Signs & flags

rights of Owners to display flags normally displayed in single-family residential neighborhoods not abridged (Section 4.3.3: '...the rights of Owners )

Setbacks / home size

single-story: 1,700 sq ft; one-and-a-half story: 1,500 sq ft bottom + 600 sq ft top; two-story: 2,000 sq ft; variances may be granted but not less than government requirements (Section 4.3.12)

Use restrictions

Lots and Common Area shall be used for residential and related purposes only, subject to Governing Documents (Section 4.1: 'The Lots and Common Area s)

Voting & meetings

Class A: one vote per Lot; Class B (Declarant): one vote per Lot owned plus one vote per Lot owned by others. Matters decided by simple majority vote unless otherwise provided. (Article III, Section 3.3)

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