The Preserve at Charleston Park

Key facts from The Preserve at Charleston Park's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

The Preserve at Charleston Park Homeowners Association, Inc. (Section 1.2)

Developer / declarant

KB HOME SOUTH CAROLINA INC., a Delaware corporation (Recital and Section 1.8)

Governing law

South Carolina Nonprofit Corporation Act (Section 33-31-101 et seq.) and South Carolina Uniform Arbitration Act (Section 15-48-10 et seq.) (Sections 1.3 and page 2 (arbitration cla)

Assessments & dues

Board prepares budget; assessment levied equally on all similarly situated Lots; takes effect unless disapproved by majority of Total Association Vote and Declarant (Section 4.3)

Special assessments

Approved by two-thirds of Total Association Vote and Declarant; payment schedule set by Board (Section 4.4)

Collections & liens

Automatic lien on Lot for unpaid assessments; may foreclose after 60 days delinquency; can file claim of lien but not required (Sections 4.2, 4.7)

Reserves & fees

Initiation fees maintained in segregated account for unforeseen expenditures or additional equipment/services (Section 4.12)

Pets

Usual household pets (dogs, cats, etc.) in reasonable number; no commercial breeding (Section 7.6)

Leasing & rentals

Yes, for residential purposes (Section 7.5)

Parking & vehicles

Not licensed or inoperable vehicles not allowed on Community except in garage; may be removed by Board (Section 7.4)

Architectural approval

Yes, for any exterior construction, alteration, addition, including staking, clearing, grading, building, painting, fencing, planting (Section 6.1)

Home business

Permitted if: not apparent from exterior, conforms to zoning, does not increase traffic/parking, does not affect insurance, consistent with residential character, not a nuisance, safe (Section 7.2)

Signs & flags

US and SC flags allowed per US Flag Code; Board may regulate size and placement (Section 7.20)

Use restrictions

Each Lot shall be used for residential purposes exclusively (Section 7.2)

Voting & meetings

One vote per Lot; multiple owners must determine vote; voting rights may be suspended for unpaid assessments or infractions (Sections 3.1, 3.2)

Amendments

Amendments require Declarant consent until Declarant rights terminate; otherwise per Section 11.6 (not fully shown); Declarant may unilaterally amend for annexed property (Sections 2.2, 11.6)

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