Residences at Biltmore Condo

Key facts from Residences at Biltmore Condo's documents

Reflects the 2010 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Original Declaration Art. I (Statement o)

Units / lots

118 (114 Residential, 3 Commercial, 1 Commercial unit retained by Declarant) (Original Declaration Art. VI,1)

Governing law

North Carolina Condominium Act (Chapter 47C of North Carolina General Statutes) (Original Declaration Art. I (Background )

Collections & liens

Association may file lien for unpaid assessments after 60 days delinquency; sale extinguishes prior assessment liens (Original Declaration Art. XIV,2 (Residen)

Reserves & fees

Replacement Reserves collected as part of Common Elements Expenses (Original Declaration Art. I definitions )

Pets

Yes, limited to dogs, cats, and caged birds; maximum 2 pets per unit (e.g., 2 dogs or 1 dog + 1 other pet), subject to rental program restrictions (Original Declaration Art. XIV,7(a)(9))

Leasing & rentals

Yes, only through a professionally managed daily rental program (short-term); no long-term leases (weekly, monthly, annual) outside the program; Commercial Units may lease differently (Original Declaration Art. XIV,7(a)(12))

Architectural approval

Yes, Board of Directors approval required for exterior alterations, structural changes, additions, and any modification to Common Elements or Limited Common Elements (Original Declaration Art. XIV,6 and 7(a))

Home business

Prohibited in Residential Units (no trade or business), except Declarant or Managing Agent may maintain model units and registration office (Original Declaration Art. XIV,7(a)(11))

Use restrictions

Prohibited: no improper, offensive, obnoxious, or unlawful use; no noise or odors objectionable to others (Original Declaration Art. XIV,7(a)(2) an)

Voting & meetings

Votes allocated to units according to Common Elements Voting Interests (Exhibit D); 67% vote required for amendments; 67% vote required to terminate Management Agreement during depreciation period (Original Declaration Art. VIII,2 and Art)

Amendments

Outside Declarant Control Period: vote of at least 67% of total eligible votes of Owners, plus consent of 51% of Mortgagees who have requested notice; certain changes (e.g., allocation percentages, boundaries) require unanimous Owner consen (Original Declaration Art. X)

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