Copper Run

Key facts from Copper Run's documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned community of single-family residences (Statement of Purpose: 'Declarant desires)

Developer / declarant

Niblock Development Corp., a North Carolina Corporation (Opening paragraph: 'by Niblock Developme)

Governing law

North Carolina Planned Community Act (Chapter 47F of the General Statutes of North Carolina) (Statement of Purpose: 'It is the intent )

Assessments & dues

Maximum $550.00 per lot for calendar year 2008 (except Declarant-owned lots at one-third rate). (Article V, Section 6: 'maximum Annual As)

Special assessments

Allowed for capital improvements; requires approval of Declarant (if still owning part of Property) and 2/3 vote of all lot votes; Declarant not obligated to pay unless it consents. (Article V, Section 7: 'the Association m)

Collections & liens

Unpaid assessments (30+ days) become a lien on the lot; personal obligation of owner at time assessment fell due; Association may foreclose; lien subordinate to first mortgages. (Article V, Section 1: 'each such assessm)

Reserves & fees

Association shall maintain a reserve fund equal to 5% of the sum of certain expense amounts for periodic maintenance, repair, and replacement of improvements. (Article V, Section 2(b): 'The Associatio)

Pets

Implied; no explicit restriction found; dog runs prohibited, but pets are permitted. (Article VI, Section 3(j)(v): 'No "dog ru)

Leasing & rentals

Not explicitly prohibited; Owner may delegate use to tenants. (Article III, Section 4: 'An Owner may de)

Parking & vehicles

Driveways must be asphalt, concrete, or approved material; parking areas must be surfaced. (Article VI, Section 3(i)(vii): 'All driv)

Fences

Maximum height 6 feet; no chain link, concrete block, or exposed wire; no electronic fences in front yard; no dog runs or animal enclosures; fences on common boundary must be finished both sides; fences on Common Area exempt. (Article VI, Section 3(j): 'No portion of)

Architectural approval

Yes, for all structures, fences, changes, etc.; no structure may be erected without ARC approval. (Article VI, Section 4: 'no structure sha)

Home business

Not explicitly prohibited; only permitted accessory uses listed; likely requires ARC approval for any business use. (No direct provision; home businesses imp)

Signs & flags

Document states it regulates or prohibits display of flags (US and NC) and political signs as provided by N.C.G.S. Sections 47F-3-121(1) and (2). Specific sign rules not in Declaration. (First page: 'THIS DOCUMENT REGULATES OR )

Setbacks / home size

At least 2,200 square feet of Heated Living Area. (Article VI, Section 3(b): 'all dwellings)

Maintenance

Not explicitly stated; likely Owner responsibility for lot structures. (No direct cite; implied by Owner mainten)

Insurance

Association must maintain public liability insurance (minimum $1 million per occurrence) and hazard insurance on Common Areas. (Article IV, Section 6(a): 'public liabil)

Use restrictions

Single-family residential use; accessory uses limited. (Article I, Section 19: 'to be used for r)

Voting & meetings

Two classes: Class A (all owners except Declarant, 1 vote per lot) and Class B (Declarant, 3 votes per lot until conversion). (Article IV, Section 2: 'Class A members )

Amenities

Recreational facilities may be provided; Association may charge fees; amenities not specified. (Article III, Section 2(b): 'right of the)

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