Applecross

Key facts from Applecross's documents

Reflects the 1981 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (townhome association) (Declaration recitals and Article I defin)

Legal name

Applecross Association (Articles of Incorporation Art. I)

Units / lots

157 lots maximum (Declaration Art. II sec 2)

Developer / declarant

The Fortis Corporation, a North Carolina corporation (Declaration introductory paragraph)

Governing law

North Carolina Non-Profit Corporation Act (Chapter 55A, NCGS) (Articles of Incorporation Article V(f))

Assessments & dues

Originally $28.75 per lot (1981); amended to $345.00 per lot for 1981 (Declaration Article VI Section 3(a); Fir)

Special assessments

Allowed for capital improvements with 2/3 vote of each class (Declaration Article VI Section 4)

Collections & liens

Assessment constitutes a lien on the lot; Association may foreclose or sue owner personally; interest, costs, attorney's fees added (Declaration Article VI Section 1, 8)

Reserves & fees

Used for large capital projects (roads, decks, roofs, large-scale grounds projects) (Doc 89 Q&A (Q6))

Pets

Dogs, cats, or other household pets may be kept provided not for commercial purposes and kept in townhome; no pens, runs, or pet houses on any lot or common area (Declaration Art. X Sec. 4)

Leasing & rentals

Yes, but with restrictions (Declaration Article XIII Section 5)

Parking & vehicles

Each lot entitled to use not more than two parking spaces (one designated); no boats, trailers, campers, RVs in common area or streets (Declaration Article III Section 4)

Fences

Requires prior approval of Association; owner who fences must maintain fenced area; no pens, runs, pet houses (Declaration Article VII; Article X Secti)

Architectural approval

Yes, for any building, fence, sign, wall, antenna, clothesline, other structure, exterior addition/change/alteration (Declaration Article IX)

Home business

Prohibited: 'No industry, business, trade, occupation, or profession of any kind' (Declaration Article X Section 2(e))

Maintenance

Association: exterior building surfaces, roofs, gutters, downspouts, painting, decks, porches, common area plantings, grass, sidewalks, private streets, parking areas, annual termite inspection, common area structures. Owner: doors, door fr (Declaration Article VII; Rules and Regul)

Insurance

Homeowners must purchase insurance to cover damage from acts of nature, fire, willful acts, etc. (per Rules and Regulations) (Rules and Regulations (Doc 93) page 3)

Use restrictions

Yes; buildings and common area for residential and related purposes only; no business except Declarant sales office (Declaration Article X Section 2(a),(e))

Voting & meetings

Two classes: Class A (owners) 1 vote per lot; Class B (Declarant) 3 votes per lot until conversion (Declaration Art. V)

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