Highlands at Flat Shoals Homeowners Association In

Key facts from Highlands at Flat Shoals Homeowners Association In's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Single-family residential townhome community; not a condominium (Article I (last sentence); Article II de)

Legal name

HIGHLANDS AT FLAT SHOALS COMMUNITY ASSOCIATION, INC. (Article I, definition of Association)

Developer / declarant

NCRC HIGHLANDS AT FLAT SHOALS, LLC, a Delaware limited liability company (Preamble)

Special assessments

Permitted for unanticipated Common Expenses or expenses in excess of the budget, as described in Section 8.2(b) (Definition of 'Special Assessment' and S)

Reserves & fees

Annual contribution required for repair/replacement of assets with useful life of three years or more; amount based on Board's reasonable estimate (Section 8.1)

Leasing & rentals

Leasing is generally prohibited except under restrictions; a 25% cap on leased Lots applies to Lots in 'Restricted Leasing Status' (Section 5.5 (entire section))

Parking & vehicles

Board may adopt administrative rules and regulations for parking (example given), but no specific parking restrictions in this excerpt (Section 5.2(a)(iv))

Architectural approval

Yes, for any construction, alteration, landscaping, or other exterior work (except interior work not visible from outside, routine repairs in kind, and Declarant's activities) (Article IV, especially Section 4.1)

Insurance

Owner must maintain property insurance for full replacement cost of improvements on Lot, and liability insurance for damages from occurrences originating on Lot (Section 3.3(a))

Use restrictions

Restricted to single-family residential use; no rule may interfere with activities normally associated with such use, but Association may prohibit activities not normally associated with residential use (Section 5.4(b)(ii))

Amendments

Amendment of Declaration is addressed in Section 19.2; content not fully excerpted but referenced (Section 19.2)

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