The Bower at Yeoman Townhomes

Key facts from The Bower at Yeoman Townhomes's documents

Reflects the 2025 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Homeowners Association) (Association definition and planned commu)

Legal name

The Bower at Yeoman Townhome Owners Association, Inc. (Section 4.1? Actually definition in Arti)

Developer / declarant

Cama Yeoman CLT, LLC (First paragraph of Declaration)

Governing law

North Carolina Planned Community Act (N.C.G.S. Chapter 47F) (STATEMENT OF DECLARATION)

Assessments & dues

Board sets amount annually; during Declarant Control Period, must be approved by Declarant. After control period, maximum annual assessment may increase by up to 10% per year without member vote; above that requires majority vote. (Section 5.3(a), 5.3(c), 5.3(e))

Special assessments

May be levied; during Declarant Control Period, only Declarant approval needed; after control period, requires approval of 67% of votes. (Section 5.4(b), 5.4(c))

Collections & liens

Unpaid assessments constitute a continuing lien on the Lot, superior to all liens except taxes, mortgages, and deed of trust to Declarant. Association may foreclose under power of sale or by action. (Section 5.7)

Reserves & fees

Association may establish and maintain reserve funds for periodic maintenance, repair, and replacement of Common Elements and/or Roadways. (Section 3.4)

Signs & flags

This document regulates or prohibits the display of political signs and the display of the flag of the United States of America or State of North Carolina. (Cover page: 'THIS DOCUMENT REGULATES OR )

Maintenance

Association maintains Common Elements (Section 3.3) and maintenance on Lots surrounding Townhomes (Section 5.2). Owners are solely responsible for their Lot and Townhome except as specifically provided in Section 8.1. (Section 3.3 and Section 5.2)

Insurance

May include deductible; cost allocated by Board, may be charged to responsible Owner as Special Individual Assessment. (Section 7.1(a) and Section 7.2)

Voting & meetings

Class A Members (Owners) - one vote per Lot; Class B Member (Declarant) - one vote per Lot owned by Declarant plus four votes per Lot owned by Class A Member, until termination of Class B Membership. (Section 4.2)

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