Three Oaks Homeowners Association

Key facts from Three Oaks Homeowners Association's documents

Community type

Single-family residential subdivision (Planned Community) (NCGS §47F references throughout)

Units / lots

21 (Lots 1-21 of Three Oaks Subdivision) (Article I Section 3)

Developer / declarant

Britt Development Co. of Archdale, LLC, a North Carolina limited liability company (Page 1)

Governing law

North Carolina Planned Community Act (NCGS §47F) (Article III Section 1(a), Article V Sect)

Assessments & dues

Maximum $600 per Class A Lot until January 1, 2022; thereafter subject to increase (Article V Section 3(a))

Special assessments

Requires same consent as budget (majority or as per Section 3(b)) (Article V Section 4)

Collections & liens

Unpaid assessments become a lien on the Lot; Association may foreclose subject to NCGS §47F-3-116; fines also a lien (Article V Sections 1 and 9)

Reserves & fees

Amount set by Board; unpaid after 10 days bears late charge (Article V Section 9)

Pets

Yes, domesticated dogs, cats, small non-offensive household pets; not for breeding or commercial (Article VIII Section 9)

Leasing & rentals

Yes, with minimum 6-month lease term and written provision binding tenant to declaration; owner must provide copy to Association (Article VIII Section 19)

Parking & vehicles

Not allowed except temporarily present on business (Article VIII Section 10)

Fences

Only wrought iron, vinyl, ornamental aluminum, wood, or black coated chain link; max 6 ft; no front yard fences; must be 2 ft inside property line; approval required (Article VIII Section 13)

Architectural approval

Yes, for all improvements to a Lot after occupancy; also for initial construction by Declarant (Article VI)

Home business

Prohibited; no business or commercial enterprise upon any Lot (Article VIII Section 2)

Signs & flags

Political signs allowed 24x24 inches, 45 days before election, removed 7 days after; no other signs without consent except Declarant/builders. No signs on Common Area without consent (Article VIII Section 14)

Setbacks / home size

As shown on recorded plat; no building nearer than 10 ft to side lot line; front and rear as per plat (Article VIII Section 6)

Maintenance

Association maintains Common Area; Owner maintains Lot and pays taxes including easement portions (Article VII Section 1, Article III Secti)

Insurance

Association shall maintain liability insurance and officers' and directors' liability insurance (Article III Section 4)

Use restrictions

Yes; no Lot shall be used except for residential purposes (Article VIII Section 1)

Voting & meetings

Two classes: Class A - one vote per Lot; Class B - 20 votes per Lot owned by Declarant until conversion; Declarant has sole voting rights except where Class A vote required (Article IV Sections 1-3)

Amendments

While Declarant owns any Lot, it can amend without consent of others by recording; after Class B Lots cease, amendment requires 75% of Lots for first 25 years, then 67% thereafter; termination requires 80% (Article X Section 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.