Estates at Young Landing Homeowners Association I

Key facts from Estates at Young Landing Homeowners Association I's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Residential planned community with homeowners association (Preamble and Article I definitions)

Legal name

Estates at Young Landing Homeowners Association, Inc. (Article I definition of Association)

Developer / declarant

Pulte Home Corporation, a Michigan corporation (Preamble)

Governing law

North Carolina Planned Community Act (G.S. 47F) (Article I definition of Act)

Reserves & fees

Common Expenses include allocations to reserve funds. (Article I definition of Common Expenses )

Pets

Dogs, cats, or other usual and common household pets allowed, but not for commercial purposes. (Article VI Section 9)

Leasing & rentals

Lots may be leased for residential purposes with a minimum term of 12 months. (Article VI Section 7)

Use restrictions

All Lots shall be used for residential purposes exclusively, except for Declarant's sales offices, model homes, and limited home businesses. (Article VI Section 2)

Voting & meetings

Class A (Lot owners): one vote per Lot; Class B (Declarant): three votes per Lot owned. Class B membership converts to Class A when Declarant no longer has right to appoint directors. (Article III Section 1)

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