Chunns

Key facts from Chunns's documents

Community type

Covenant / Planned Community

Legal name

The Wildes at Chunns Cove Property Owner's Association, Inc.

Developer / declarant

Chunns View, LLC

Governing law

North Carolina Planned Community Act, Chapter 47F (Article II: Submission of the Property t)

Assessments & dues

Not set; Board sets budget and annual assessment (Article V, Section 9(a): Board shall cau)

Collections & liens

After 60 days unpaid, lien may be filed and foreclosed like mortgage (Article V, Section 4(a): Any assessment )

Reserves & fees

Yes, surplus retained in general reserve fund (Article V, Section 12: Any surplus funds)

Pets

Yes (Article IX, Section 4: up to three (3) o)

Leasing & rentals

Yes, with restrictions (Article IX, Section 7: Rentals)

Parking & vehicles

Each lot has paved driveway and 1-2 car garage (Article III, Section 3: Each Lot Owner w)

Architectural approval

Yes, Board or ACC must approve exterior changes visible from exterior (Article VI, Section 1(b): making any ext)

Home business

Private home offices without commercial traffic allowed (Article IX, Section 1: this does not pro)

Signs & flags

Regulated; allowed small name signs (6 in), sale/rent signs (3 sq ft), security signs (1 sq ft); Board can erect; political signs prohibited; flags of US and NC allowed (Article IX, Section 6: Signs... the foll)

Maintenance

Owner responsible for unit exterior and lot; Association for common elements (Article VIII, Sections 1,2,4)

Insurance

Property and casualty on common elements at 100% replacement cost; liability insurance; D&O liability (Article XI, Board, Sections 1-4)

Use restrictions

Yes, permanent, full-time residential, single family (Article IX, Section 1: All Lots shall be)

Voting & meetings

One vote per Lot; when more than one owner, only one vote per lot (Article IV, Section 2: Members shall be )

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