Three Meadows

Key facts from Three Meadows's documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Three Meadows Homeowners' Association

Developer / declarant

Nancy Dupree Canady and Robert Neal Catlett (Preamble; recorded Nov 9, 2018)

Assessments & dues

$120.00 per lot maximum until January 1 of year after last lot conveyed to an Owner. (Article XII Section 4)

Special assessments

Allowed for capital improvements with assent of two-thirds of votes of each class of members, meeting notice 30-60 days in advance. (Article XII Section 5)

Collections & liens

Assessments are a lien on the lot and may be foreclosed under Power of Sale (NCGS Chapter 45). Also personal obligation of owner at time due. (Article XII Section 1; Section 9)

Reserves & fees

Association shall establish and maintain adequate reserve fund for periodic maintenance, repair, replacement of improvements to common area and other portions it must maintain, funded from regular assessments. (Article XII Section 3)

Pets

Yes, only ordinary household pets allowed. Additionally, up to 3 chickens (hens only, no roosters) and one horse on lots >= 1 acre. (Article XIII)

Home business

Prohibited. No business activity or trade of any kind, including but not limited to doctor's office, professional office, fraternity house, rooming/boarding house, antique or gift shop. (Article VII)

Voting & meetings

Each record owner has one vote per lot (but no more than one vote per lot regardless of number of record owners). For assessment changes: majority of Owners; for special assessments: two-thirds of votes of each class of members. For ACC ele (Article XI (ACC election); Article XII S)

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