Bivins Bend Homeowners Association Inc

Key facts from Bivins Bend Homeowners Association Inc's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Bivins Bend Homeowners Association Inc.) (Article VI Section 6.1)

Units / lots

6 (Tracts 1,2,3,4,5,6) (First paragraph (WITNESSETH) and Article)

Governing law

Planned Community Act (referenced in Article VII Section 7.4 and 7.10) (Article VII Sections 7.4 and 7.10)

Assessments & dues

Initially $300.00 per year (Article VII Section 7.1)

Special assessments

Allowed for maintenance or repair of private street or sedimentation retention facilities; for other purposes requires two-thirds (2/3) vote of each Class of Members (Article VII Section 7.2)

Collections & liens

Unpaid assessment becomes a continuing lien on the Lot; may be foreclosed in same manner as mortgage under power of sale; Association may recover attorneys' fees and costs (Article VII Sections 7.9, 7.10)

Reserves & fees

Common Surplus may be applied to reserve by Board discretion (Article VII Section 7.6)

Pets

Reasonable number of household pets permitted, provided not raised commercially and not a nuisance (Article IV Section 5)

Leasing & rentals

Yes, but minimum lease term of at least 60 days; lessee must agree to observe all terms of Declaration (Article IV Section 1(h))

Parking & vehicles

Boats, trailers, campers, recreational/commercial vehicles not permitted on street except for temporary stopping (Article IV Section 1(c) ("such vehicles )

Architectural approval

Yes, for all improvements (site preparation, buildings, additions, fences, walls, swimming pools, etc.) (Article III Section 1)

Home business

Not prohibited but must not generate significantly greater vehicular traffic than normal residential; subject to Durham County ordinance (Article IV Section 1(g))

Signs & flags

Only a tasteful sign with owner's name/house number, and one professional sign not more than 6 sq ft advertising lot for sale or rent; other signs prohibited; Declarant may erect marketing signs on common areas or its lots (Article IV Section 1(b))

Setbacks / home size

50 feet from front lot line, 25 feet from side and rear lot lines; ARC may grant variances for minor violations (25% or less) (Article IV Section 2)

Voting & meetings

Class A Members (lot owners) have one vote per Lot; Class B Member (Declarant) during development period; no vote until after development period for Class A (Article VI Sections 6.4(a), 6.4(b), 6.4()

Amendments

By Declarant while owns at least 2 lots; after that, during first 10 years after recording: instrument approved by not less than 5 of 6 lot owners; after 10 years: not less than 4 of 6 lot owners; must be recorded (Article V Section 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.