Parkview of Fayetteville Condominium Association, Inc.

Key facts from Parkview of Fayetteville Condominium Association, Inc.'s documents

Reflects the 2015 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

The Manor at Park View

Developer / declarant

Parkview of Fayetteville, LLC

Governing law

Chapter 47C of the General Statutes of North Carolina (Condominium Act) (Article I A)

Assessments & dues

Maximum monthly assessment until January 1 of year following first Unit conveyance: $275.00 per Unit; additional for detached Garage Unit: $25.00 per Unit (Article XXII F: the maximum monthly asse)

Special assessments

May levy special assessment with approval of Unit Owners owning two-thirds (2/3) of Common Elements voting in person or by proxy (Article XXII C)

Collections & liens

Association has lien on unit for unpaid assessments; may foreclose like real estate deeds of trust; subordinate to first mortgage (Article XXII M, N, O)

Reserves & fees

Board shall designate a Capital Improvement Fund for replacement of Common Elements; amount reasonably necessary (Article XXII G)

Pets

Dogs, cats, and household pets allowed, subject to restrictions (Article XI G)

Parking & vehicles

Designated parking spaces assigned by Association; no on-street parking without written permission; Garage Unit doors must be kept closed except when moving vehicles; no parking of Special Vehicles except visiting guests up to 7 consecutive (Article XI C, D, E)

Home business

Owner may use portion of Unit for office or studio (other than music and/or dance studio) provided no interference or increased traffic (Article XI B)

Signs & flags

Unit Owner may place standard-sized 'for sale' or 'for rent' sign; no other signs visible from outside without Association permission; Declarant may display advertising during sales/leasing period (Article XI M, Article IX)

Use restrictions

Each Condominium Unit is restricted to residential use; no transient hotel or commercial purposes (Article IX, Article XI A)

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