Covington Community Association Inc

Key facts from Covington Community Association Inc's documents

Reflects the 2014 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Residential subdivision with detached single-family dwellings; planned community (WHEREAS (page BK015584PG02544) and Artic)

Legal name

Covington Community Association, Inc., a North Carolina nonprofit corporation (Article I(f) and WHEREAS (page BK015584P)

Developer / declarant

Beazer Homes Corp., a Tennessee corporation (Preamble (page BK015584PG02544) and Arti)

Governing law

North Carolina Planned Community Act (Chapter 47F of North Carolina General Statutes) (Preamble (page BK015584PG02539) and Arti)

Collections & liens

Association has a lien on each Lot for unpaid assessments; may foreclose (Article VI Sections 1, 10, 11) (Article VI Sections 1, 10, 11)

Reserves & fees

Reserve funds may be maintained (Article VI Section 13)

Voting & meetings

Classified voting members; votes allocated to Lots; see Article V (Article V Sections 2 and 3 (as reference)

Amendments

Amendment by Declarant during Development Period (Article XV Section 1); otherwise by Members with certain vote percentages (Section 2); consent of mortgagees required (Section 3); certain prohibited effects (Section 4) (Article XV (pages BK015584PG02542-02543))

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