Twyla Walk Condominium Association Inc

Key facts from Twyla Walk Condominium Association Inc's documents

Reflects the 2025 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Title and throughout)

Legal name

Twyla Walk Condominium Association, Inc. (Section 1.4)

Units / lots

14 currently (existing building); maximum potential 106 after development (Section 3.1 and Section 4.2)

Developer / declarant

Stanley Martin Homes, LLC, a Delaware limited liability company (Preamble; Section 1.12)

Governing law

North Carolina Condominium Act (Chapter 47C of the North Carolina General Statutes) (Preamble; Section 1.26)

Assessments & dues

Not fixed; set by annual budget as equal base plus proportionate share of Common Expenses based on Allocated Interest (Section 12.2 and 12.4)

Special assessments

Yes, with approval of no less than 67% of votes in Association for budget shortfalls; parking fines treated as special assessments (Section 12.2 and Section 8.5)

Collections & liens

Any sum assessed remaining unpaid for 30 days or longer constitutes a lien upon filing with Register of Deeds; Association may enforce including attorneys' fees (Section 9.2)

Pets

Yes, domestic household pets; maximum of 4 domesticated animals per Unit (excluding fish); no commercial purposes (Section 8.8)

Leasing & rentals

Yes, with written lease subject to Condominium Documents; copy and insurance must be provided to Association before occupancy (Section 8.6)

Parking & vehicles

Vehicles must be parked in garage or driveway; no parking in guest spaces; no RV, boat, trailer, etc.; no significant repair (Section 8.5)

Architectural approval

Yes, for any building, landscaping, fence, wall, exterior addition/alteration; Association approval in its sole discretion (Section 8.12)

Home business

Permitted as secondary home office with conditions (no displays, no excessive traffic, etc.) (Section 8.1(a)-(f))

Signs & flags

One standard-sized (max 3'x5') flag of the United States or North Carolina allowed without pole; pole requires Association approval; decorative flags require approval and must be in good taste (Section 8.13)

Maintenance

Association maintains Common Elements; Owner maintains Unit and Limited Common Elements (including HVAC Limited Common Elements); Owner responsible for damage from negligence (Section 5.4 and Section 8.14)

Insurance

Property insurance on Buildings at 100% replacement cost (ISO special form); Commercial general liability insurance minimum $1,000,000 per occurrence (Section 13.1 and 13.2)

Use restrictions

Units may only be used for residential purposes; home offices allowed as secondary use with conditions (Section 8.1)

Voting & meetings

One vote per Unit; joint owners must cast vote as provided (Section 9.1)

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