South Tryon Townhomes

Key facts from South Tryon Townhomes's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

planned community (Recital B: "the planned community known )

Legal name

South Tryon Townhomes Owners Association, Inc. (Recital C)

Developer / declarant

Boulevard at 3605 S Tryon, LLC, a North Carolina limited liability company (Page 347 Declaration preamble)

Governing law

North Carolina Planned Community Act (Chapter 47F of the North Carolina General Statutes) (Section 1.1)

Special assessments

Allowed for unbudgeted expenses, capital improvements, restoration costs, etc.; assessed against Lots or Townhomes depending on purpose (Sections 1.4.4, 11.7, 11.8, 11.9)

Collections & liens

Monetary defaults and collection of assessments addressed in Section 11.16 and 11.17 (Section 11.16, 11.17 titles)

Leasing & rentals

Owners may lease their Units subject to Article 16. (Article 16)

Architectural approval

Architectural Review Board (ARB) created under Article 14; reviews proposed construction (Section 14.2) (Section 1.2, Section 14.2 title)

Signs & flags

Addressed in Section 12.6; document also regulates political signs and flags (cover notice) (Section 12.6 title; cover page notice)

Use restrictions

Lots are intended for single residential dwelling units (Townhomes). Other uses may be restricted. (Section 1.59 (definition of Unit) and Se)

Voting & meetings

Class A Members (owners of Lots) entitled to one vote per Lot; Class B Member (Declarant) entitled to ten votes per Lot during Declarant Control Period. Declarant may appoint board without vote during control period. (Section 4.2)

Amendments

Article 18 addresses amendments: by Declarant (18.1), by Association (18.2), limitations (18.4), mortgagee consent (18.6), etc. (Article 18 titles (pages 345-346))

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