The Courtyards on Farrington Homeowners Association Inc

Key facts from The Courtyards on Farrington Homeowners Association Inc's documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Definition of Association: The Courtyard)

Developer / declarant

Epcon Farrington Road, LLC, a North Carolina limited liability company (First paragraph of Declaration (page 5))

Governing law

North Carolina Planned Community Act, N.C.G.S. § 47F-1-101 et seq. (Article I, Section 1.1)

Assessments & dues

Not set in this Declaration; Board budgets and levies General Assessments (Article VIII, Section 8.1 and Section 8.)

Special assessments

Permitted; levied in accordance with Section 8.3 (Section 8.3)

Collections & liens

Assessments constitute a lien on the Lot; Association may foreclose (Section 8.6)

Reserves & fees

Common Expenses may include any reasonable reserve as Board deems necessary (Definition of Common Expenses, Section 2)

Leasing & rentals

Yes, but restrictions may apply; no rule shall prohibit leasing or require consent, but rules may restrict multiple leases by same owner, minimum lease term up to 12 months, and require Board-approved lease forms (Section 3.4(g))

Fences

Fences subject to architectural approval; Owners responsible for maintenance of fence in Easement Area (Section 5.1 and Article IV)

Architectural approval

Yes; no structure or thing placed, erected, or installed, and no improvements or work without prior written approval from Declarant (initially) or later from Architectural Review Committee (Article IV, Section 4.1 and 4.2)

Signs & flags

Owner may display flag of US or North Carolina up to 4x6 feet in accordance with patriotic customs; no flagpoles allowed (Section 3.4(c))

Insurance

Treatable as Common Expense unless loss due to Owner negligence, then may be specific assessment against that Owner (Section 7.3(b) (second paragraph))

Amendments

Declarant may amend unilaterally during development; Members may amend with approval of at least 50% of Class A votes (and Declarant consent during Development and Sale Period); certain amendments require higher percentages (Article XVII)

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