Anniston Concept

Key facts from Anniston Concept's documents

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

Community type

exclusive residential community of single-family residences (Statement of Purpose: 'create thereon th)

Legal name

Adalyn Park Homeowners’ Association, Inc. (Article I, Section 9: 'Association shall)

Developer / declarant

Niblock-Adalyn Park Development, LLC, a North Carolina limited liability company (Opening paragraph: 'made effective this )

Governing law

North Carolina Planned Community Act (Chapter 47F) (Statement of Purpose: 'conform and compl)

Assessments & dues

Maximum $950.00 per year for 2025, paid in semi-annual payments of $475.00 (Article V, Section 6: 'For the calendar )

Special assessments

Levyable for capital improvements on Common Area, requires Declarant approval (if Declarant owns any part) and approval of 2/3 of votes; uniform rate for all Lots; Declarant and Builder not obligated to pay except with Declarant's prior wri (Article V, Section 7)

Collections & liens

Unpaid assessment (including Capital Contribution, Annual, Special, Supplemental, Special Individual) becomes lien after 30 days; lien may be filed and enforced per NCGS 47F-3-116. Personal obligation of owner at time assessment fell due. (Article V, Section 1; Section 5)

Reserves & fees

Association shall establish and maintain reserve fund equal to 5% of sum of certain amounts described in Article V, Section 2(a)(i)-(xix) for unanticipated expenses. (Article V, Section 2(b))

Signs & flags

The document regulates or prohibits display of political signs (pursuant to N.C.G.S. 47F-3-121(2)). (First page notice: 'THIS DOCUMENT REGULA)

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