Andrews Landing Townhome Association Inc

Key facts from Andrews Landing Townhome Association Inc's documents

Community type

HOA (townhome association) (Recital B and passim)

Units / lots

Nine (9) or more lots/townhome units (Recital B: 'comprised of nine (9) or mor)

Developer / declarant

Mohler Investments, LLC, a North Carolina limited liability company (Preamble and Section 1.11)

Governing law

North Carolina Planned Community Act, Chapter 47F of the North Carolina General Statutes (Section 1.17)

Assessments & dues

Estimated initial regular Assessment of $100.00 per Lot per month (Section 3.4)

Special assessments

Not explicitly mentioned; regular Assessment may be increased

Collections & liens

Automatic lien on Lot for unpaid Assessments; may be foreclosed in same manner as deed of trust; includes interest, costs, attorney's fees; priority over later liens except taxes and prior recorded mortgages (Sections 3.9, 3.10, 3.15)

Reserves & fees

Common surplus may be applied to a reserve fund at Board's discretion (Section 3.6)

Pets

Yes, subject to restrictions (Section 8.7)

Leasing & rentals

Yes (Section 8.13)

Parking & vehicles

Not explicitly addressed; Association may assign parking spaces (Section 8.4 ('Association shall have the)

Architectural approval

Yes, for any exterior structure, improvement, alteration, or change (except original construction by Declarant) (Section 7.1)

Home business

Permitted only to extent allowed by law, as office/studio (not music/dance studio) that does not interfere with quiet enjoyment or increase traffic (Section 8.2)

Signs & flags

Only standard-sized 'for sale' or 'for rent' signs permitted; no other signs without Board consent; Declarant excepted during Development Period (Section 8.11)

Maintenance

Association (roof repair and replacement) (Section 2.5)

Insurance

If Association elects, commercial property insurance policy insuring all Townhome Units (Master Policy) including party walls, finished surfaces, built-in cabinets, etc. (Section 5.7); alternatively, owners required to maintain HO-3 policy (Section 5.7)

Use restrictions

Each Lot restricted to residential use only (Section 8.2)

Voting & meetings

Class A Members (owners) have one vote per Lot; Class B Member (Declarant) has votes during Development Period; Class A may not vote until Development Period ends (Section 2.4)

Amendments

By affirmative vote or written agreement of Owners holding 75% of votes; must be recorded; Declarant consent required while Declarant owns any Lot; any amendment to open space or landscape buffer rules must conform to Angier zoning ordinanc (Section 12.2)

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