Colby Farms

Key facts from Colby Farms's documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

Colby Farm Homeowners Association, Inc. (Section 2.2)

Developer / declarant

RRT Development, LLC (First page; Section 2.10)

Governing law

North Carolina (Throughout document; e.g., Section 1.2 r)

Reserves & fees

Board shall prepare and review at least annually a reserve budget for Area of Common Responsibility; include capital contributions in Common Expense budget (Section 8.2)

Leasing & rentals

Yes; no rule shall prohibit leasing or transfer, or require consent for leasing or transfer (Section 3.4(e))

Architectural approval

Yes, for any structure, improvement, exterior alteration, landscaping, site work, etc. (Article IV, Section 4.1)

Home business

Not explicitly prohibited but restrictions on activities not normally associated with residential use apply (Section 3.4(c))

Use restrictions

Units are intended for detached single-family residence; activities not normally associated with residential use may be prohibited (Section 2.22; Section 3.4(c))

Voting & meetings

As defined in By-Laws of the Association (Sections 3.2(a), 8.1, 8.3)

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