Daniel Island Town Center

Key facts from Daniel Island Town Center's documents

Reflects the 1994 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

Daniel Island Town Center Owners Association, Inc. (Article 1.4)

Developer / declarant

The Daniel Island Company, Inc., a South Carolina corporation (Preamble)

Governing law

South Carolina Arbitration Act, §15-48-10 et seq. (Preamble)

Reserves & fees

Board may establish late charges by resolution (Section 8.1)

Architectural approval

Architectural Review Board (ARB) appointed per Section 9.2; all Improvements require ARB approval; Design Guidelines exist (Sections 9.1, 9.2, 1.16)

Use restrictions

Initial Use Restrictions and Rules set forth in Exhibit C; may be amended per Article X (Sections 1.43, 10.1)

Voting & meetings

Two classes: Class A (all Owners except Declarant) weighted per Exhibit D; Class B (Declarant) appoints all directors during Class B Control Period (Section 3.2)

Amendments

Amendments per Article XVI require consent of Declarant as long as Declarant owns property or has annexation rights; otherwise per specified vote (Section 16.2, 7.5)

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