Glenfurness

Key facts from Glenfurness's documents

Reflects the 1989 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Exclusive residential community of single-family houses named Glenfurness (WHEREAS, first paragraph of Declaration)

Developer / declarant

ARTHUR HOLLAND, INC.

Governing law

North Carolina law (non-profit corporation under North Carolina law) (WHEREAS, paragraph about incorporation)

Assessments & dues

Board of Directors fixes monthly assessments each year, subject to maximums; maximum may increase annually by CPI percentage increase or by 2/3 membership vote (Article V, Section 3(a)(b))

Special assessments

May levy special assessment for capital improvements with same 2/3 vote requirement as in Section 3(b) (Article V, Section 4)

Collections & liens

Assessment is a continuing lien on the lot; HOA may foreclose lien; also personal obligation of owner at time assessment fell due; interest, late fee, costs, and attorney's fees added (Article V, Sections 1 and 8)

Reserves & fees

Late charge established by Board of Directors to defray costs of late payment (Article V, Section 8)

Home business

Not explicitly addressed, but 'noxious or offensive trade or activity' prohibited (Article VII, Section 9)

Signs & flags

One professional sign not more than 1 sq ft; one sign not more than 5 sq ft for sale/rent; builder signs during construction and sales period; no other signs displayed to public view (Article VII, Section 14)

Use restrictions

All lots described as residential; only single-family dwellings, private garage (max 2 cars), and accessory structures customary incidental to use permitted (Article VII, 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.