Bryant Park Townhomes

Key facts from Bryant Park Townhomes's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Residential planned community (Introduction: 'This document establishes)

Legal name

Bryant Park Townhomes Owners Association, Inc. (Introduction (B33949 - P669))

Developer / declarant

CCH-Bryant Park, LLC, a North Carolina limited liability company (Introduction and Section 1.2(a) (B33949 )

Governing law

North Carolina Planned Community Act (N.C.G.S. § 47F-1-101 et seq.) (Introduction (B33949 - P669))

Special assessments

Requires affirmative vote or written consent of Owners with >50% of total votes and Declarant consent during Development and Sale Period; exception for Wastewater Disposal System necessary maintenance without vote (Section 5.4 (B33949 - P677))

Reserves & fees

Required for repair/replacement of Wastewater Disposal System and other capital items; accounts to be separate for wastewater system (Section 5.3(a) (B33949 - P676))

Leasing & rentals

Yes, Units may be leased only in their entirety; no fraction leasing; subleasing requires Board approval (Section 7.1 (B33949 - P685))

Home business

Allowed if conducted by resident, not apparent from outside, complies with law, no regular business visits, does not increase insurance, consistent with residential character (Section 6.4(a)(i)-(v) (B33949 - P681))

Signs & flags

Flag of US and State of NC up to 4 feet by 6 feet allowed, displayed in accordance with patriotic customs (4 U.S.C. §§ 5-10) (Section 6.4(e)(iii) (B33949 - P683))

Insurance

Owner must insure contents of Unit; Board may require personal liability insurance with 30 days written notice (Section 10.1(a), B33949 P694)

Use restrictions

Yes, with limited home business allowed under conditions (Section 6.4(a), B33949 P681-682)

Voting & meetings

Each Unit is allocated one equal vote; may be exercised by Owner or proxy as described in By-Laws (Section 4 (B33949 - P673))

Amendments

Section 19 (not provided) governs amendments (Table of Contents (B33949 - P667))

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