Park Landing Townhomes at Brunswick Forest

Key facts from Park Landing Townhomes at Brunswick Forest's documents

Reflects the 2012 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Park Landing Townhomes At Brunswick Forest

Units / lots

Not explicitly stated. Phase 2 Section 1-M includes Lots 101-102, 201-202, 301-302 (6 lots), but more phases may exist. (Exhibit A (page 23))

Developer / declarant

Funston Land & Timber, LLC, a North Carolina limited liability company (First paragraph of Declaration (page 1))

Governing law

North Carolina Planned Community Act, Chapter 47F of the North Carolina General Statutes (Preamble (page 2); also Article XVIII)

Assessments & dues

Board proposes annual budget at least 90 days before fiscal year. Provided to Lot Owners; meeting called; budget ratified unless rejected by majority of Lot Owners. First Base Assessments set by Declarant before first conveyance. (Article X Section 2 (page 14))

Special assessments

Board may levy Special Assessments; up to $100 without vote; greater than $100 requires affirmative vote or written consent of 1/2 of Members and Class B Member if exists. (Article X Section 3 (page 15))

Collections & liens

Association may file lien when assessment unpaid for 30+ days. Lien foreclosable like mortgage under power of sale. Lien extinguished if enforcement not instituted within 3 years. First mortgage holder not liable for pre-foreclosure assessm (Article X Section 10 (page 17))

Reserves & fees

Referred to as 'allocations to reserves' in definition of Common Expenses (page 2) and in Article VI Section 1 regarding Limited Common Area expenses (page 7). No specific funding requirement. (Article I definition 'Common Expenses' ()

Architectural approval

Yes, subject to Architectural Design Standards adopted by Architectural Review Committee (ARC) of Master Association, and to Park Landing Townhomes Architectural Standards. (Article III (page 4))

Maintenance

Association maintains Limited Common Area and provides scheduled exterior maintenance (repainting, roof replacement, gutters, downspouts). Owner responsible for interior, HVAC, glass, window frames, sheathing, deck staining, snow/debris rem (Article VI Sections 1, 2, 3 (pages 7-8))

Insurance

Deductible for Limited Common Area damage paid as Common Expense; for Unit-only damage paid by affected Owner(s); for mixed damage paid pro rata based on loss amounts. (Article VIII Section 2 (page 10))

Use restrictions

Implicit; Units defined as residential townhouses. No explicit 'residential only' restriction, but commercial use limited to Declarant's development activities. (Article I definition of 'Unit' (page 4) )

Voting & meetings

Class A: one vote per Lot owned. Class B (Declarant): three votes per Lot owned. Fractional voting prohibited. (Article IV Section 3 (page 4-5))

Amendments

By affirmative vote of 67% of votes in Association; Declarant may amend unilaterally before Dec 31, 2027 if owns any Lot (for certain limited purposes). All amendments require prior written consent of Master Declarant. (Article XII(E) (pages 19-20) and Article)

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