Lexington Commons

Key facts from Lexington Commons's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

single-family attached residential units (Recitals (page 1) "exclusive residential)

Legal name

Lexington Commons Homeowner Association, Inc.

Units / lots

221 (Article V Section Eight (page 7) "Two Hu)

Developer / declarant

PORTRAIT HOMES CONSTRUCTION CO.

Governing law

Act (South Carolina nonprofit corporation or HOA act) referenced but not named (Article XIII Section Seven (page 297) "a)

Assessments & dues

Not fixed; determined by Board at least 30 days in advance of assessment period, paid monthly (Article V Section Four(c) and Section Ei)

Special assessments

May be levied by Board for capital improvements, insurance, unusual expenses, etc. (Article V Section Five (page 6))

Collections & liens

Assessment constitutes a continuing lien on the Lot; Association may foreclose or bring personal action (Article V Sections One and Nine (pages 5)

Reserves & fees

At least 20% of annual revenue income must be maintained as reserve (Article V Section Three (page 6))

Pets

Dogs, cats or other household pets allowed, but not for commercial purposes and must not create a nuisance (Article IX Section Eight (page 13))

Leasing & rentals

Yes, but only for minimum term of one year; no short-term rentals (Airbnb, VRBO, etc.) (Article IX Section Two (page 12) and Art)

Home business

Home offices allowed provided no extra traffic other than Owners and Occupants (Article IX Section Six (page 13))

Signs & flags

Only the United States flag ('Old Glory') is permitted; any other flags not permitted (Article IX Section Fourteen (page 14))

Maintenance

Association maintains roofs (Article VI Section One (page 8) "roofs" )

Insurance

If claim made on Association policy for interior damage, Owner responsible for deductible (Article VIII Section One(a) (page 10) "t)

Use restrictions

Lots are for residential purposes only; no garage or outbuilding used for residential (Article IX Section Six (page 13) "The Lo)

Voting & meetings

Each Owner entitled to one vote per Lot owned; when multiple owners, only one vote per Lot; tenants have no voting rights (Article IV Section Two (page 5))

Amendments

Amendment by instrument signed by not less than 67% of Lot Owners; term automatically extends for successive 10-year periods (Article XIII Section Three (page 18))

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