Lakeview Park Commission, Inc.

Key facts from Lakeview Park Commission, Inc.'s documents

Community type

Planned Community under NCGS 47F (Preamble (page 1): 'Lakeview Park is a “)

Units / lots

Approximately 515 (Preamble (page 1): 'a residential subdiv)

Governing law

North Carolina General Statute 47F (Planned Community Act) (Preamble (page 1))

Assessments & dues

Commission determines; budget proposed by Commissioners, approved or rejected by membership at Annual Meeting. (Article IV (page 2); Article VI Section )

Special assessments

Not explicitly addressed in Bylaws (only general assessment power). (Article IV (page 2) general assessment p)

Collections & liens

Fines deemed assessments and collectable as provided in Covenants and Planned Community Act. (Article VI Section 2.D (page 6): 'Any su)

Architectural approval

Not explicitly; but Chair approves applications for new construction on Lots. (Article VIII Section 3 (page 8): 'shall )

Use restrictions

Not explicitly stated in Bylaws (implied by residential subdivision). (Preamble (page 1): 'a residential subdiv)

Voting & meetings

One vote per Lot, regardless of number of owners; proxies allowed. (Article V Section 6 (page 4): 'there sha)

Amenities

Beaver Lake and surrounding park area; lake, dam, common areas. Fishing and boating permitted with permits. (Preamble (page 1); Article III.E (page 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.