Covington Crossing

Key facts from Covington Crossing's documents

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

Community type

HOA (Master Association) with condominium component (Section 1.31 (Master Association); Secti)

Developer / declarant

Covington Crossing, LLC, a North Carolina limited liability company (Section 1.19)

Governing law

North Carolina Planned Community Act (Chapter 47F of the NC General Statutes) (Section 1.1)

Age restriction

Not present; no age restriction mentioned (Not applicable)

Assessments & dues

Master Association establishes general Assessments and per-Classification shares. Budget adopted by June 15th, assessments due July 1st. Assessments may be payable quarterly or monthly. (Section 8.2; Bylaws Article V, Sections )

Special assessments

Requires affirmative vote of 80% of Owners to be assessed (Section 8.5). Also for unanticipated expenses, approved by at least 5 Directors (Bylaws Article V, Section 5). (Section 8.5; Bylaws Article V, Section 5)

Collections & liens

Unpaid Assessments become a lien upon recording a Claim of Lien. Lien is subordinate to prior recorded deeds of trust. Foreclosure severs lien but debt remains with prior owner. (Section 8.3)

Reserves & fees

Reserve fund required for periodic non-routine maintenance, replacement, and repair of Common Elements (Bylaws Article V, Section 1(a)(2))

Pets

Reasonable number of ordinary domestic household pets (cats, dogs, etc.) allowed (Section 5.9)

Leasing & rentals

Yes, but only with written lease; minimum lease term of six months (except Declarant leases); no timesharing; copies of leases to be furnished to Association upon request (Section 5.13)

Architectural approval

Yes, ECC (Environmental Control Committee) approval required for all Construction, including Plans submission (Section 6.1)

Signs & flags

Only Lot number/address, surname of occupant, 'For Sale'/'For Lease' signs allowed. All signage subject to prior ECC approval. No garish, flashing, or unsightly signs. (Section 5.3)

Setbacks / home size

Minimum required setbacks and build-to lines shown on Plats or controlled by Guidelines (Section 6.4)

Maintenance

For townhome lots, the Covington Crossing Townhome Common Elements include the obligation and exclusive right to maintain roofs and external finishes of all structures (Section 1.17; Section 9.4)

Insurance

Master Association shall obtain fire and extended coverage insurance on insurable structures in Common Elements, adequate liability insurance, and other insurance selected by Board (Bylaws Article V, Section 7)

Use restrictions

Mixed-use community: single-family residences, townhomes, condominiums, and other compatible uses determined by Declarant or Master Association (Recitals; Section 2.1 "No use shall be m)

Voting & meetings

Prior to Release Date: Appointees have 5 votes, other Directors 1 each (total 3). For Owner votes: Majority of Owners defined as more than half of Lots/Units. Amendments after Release Date require two-thirds of Owners. Special assessments r (Bylaws Article III, Section 1; Section 1)

Amendments

Prior to Release Date: Declarant may amend unilaterally. After Release Date: amendment requires affirmative vote of more than two-thirds of Owners. (Section 12.1)

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