Orchard Lake Homeowners Association Inc

Key facts from Orchard Lake Homeowners Association Inc's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

homeowners association (definition of Association in Article I)

Developer / declarant

C. Richard Dobson Builders, Inc., a Virginia corporation (opening paragraph)

Governing law

North Carolina law (references to North Carolina law in sect)

Assessments & dues

Board prepares proposed budget, mails to members at least 30 days before end of fiscal year, holds meeting; budget becomes effective unless disapproved by majority of Total Association Vote (Section 5.7)

Special assessments

Approved by two-thirds of Total Association Vote (Section 5.8)

Collections & liens

Lien attaches upon filing claim of lien after 30 days delinquency; Association may foreclose by any method allowed by law (Section 5.11)

Reserves & fees

Budget may include capital contribution or reserve (Section 5.7: 'including a capital contri)

Pets

Yes, usual household pets (dogs, cats, etc.) in reasonable number as determined by Board (Section 7.3.m)

Leasing & rentals

Yes, for residential purposes (Section 7.3.k)

Parking & vehicles

Prohibited (Section 7.3.i(i))

Fences

ARC approval required; no fence closer to street than rear one-third of residence; generally shadow-box or scalloped single-faced privacy fence, 6 ft max height, unpainted cedar (or 4 ft max open board/split rail); Declarant may erect fenci (Section 7.3.w)

Architectural approval

Yes, for any exterior construction, alteration, addition, erection (Section 7.3)

Home business

Prohibited unless Board gives written approval with conditions (no disturbance, no traffic increase); leasing not considered business (Section 7.2)

Signs & flags

Exterior sculpture, fountains, flags must be approved by ARC (Section 7.3.aa)

Maintenance

Owner (as part of Lot maintenance) (Section 6.2 covers all structures on Lot)

Insurance

May contain reasonable deductible; amount not subtracted from replacement cost determination; deductible allocated to responsible parties (Sections 8.4 and 8.9)

Use restrictions

All Lots shall be used for residential purposes exclusively (Section 7.2)

Voting & meetings

One vote per Lot; when more than one owner, they determine how to exercise the vote; no more than one vote per Lot (Section 4.2)

Amenities

Lakes, entry features, street lights, storm water detention facilities; no pool, clubhouse, gym explicitly mentioned (Sections 6.1.a, 7.3 (last paragraph abou)

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