Cobblestone Condominium

Key facts from Cobblestone Condominium's documents

Reflects the 2000 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Part II, Article I, Section 1)

Governing law

North Carolina Condominium Act, Chapter 47C (Preamble and Part I, Section 1)

Special assessments

Allowed with assent of majority of members, for capital improvements (Part II, Article III, Section 4)

Collections & liens

Assessment lien on unit when unpaid for 30 days, recorded in Clerk of Superior Court; Association may foreclose; personal obligation of owner at time due; lien subordinate to first mortgage (Part II, Article III, Sections 1 and 2)

Pets

Dogs, cats, other household pets may be permitted by Board rules (Part II, Article VII, Section 4)

Leasing & rentals

Implicitly allowed; owner may delegate right of enjoyment to tenants (Part II, Article II, Section 6)

Use restrictions

Yes (Part II, Article VII, Section 1)

Voting & meetings

One vote per unit owned (Part II, Article I, Section 5; Part III,)

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