Parkview of Fayetteville Townhome Association, Inc.

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

Reflects the 2014 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Parkview of Fayetteville Townhome Association, Inc.

Developer / declarant

Parkview of Fayetteville, LLC, a North Carolina limited liability company (Preamble)

Governing law

North Carolina Planned Community Act, Chapter 47F of the North Carolina General Statutes (Section 1.17)

Assessments & dues

Initial estimated: $200.00/month for Town Lot, $150.00/month for Lofts Lot (Section 3.4)

Collections & liens

Assessment lien arises automatically; claim of lien must be filed with Clerk of Superior Court for Cumberland County to be effective against third parties. Lien priority over subsequent liens except real estate taxes and prior recorded mort (Sections 3.9, 3.10, 3.15)

Reserves & fees

Common surplus may be applied to a reserve fund at Board's discretion (Section 3.6(c))

Pets

Dogs, cats, and/or other household pets allowed up to combined total of two (2); subject to size/breed restrictions and Association Rules (Section 8.7)

Leasing & rentals

Yes, entire Townhome Unit must be leased; lease must be in writing, minimum term 6 months, not for transient or hotel purposes (Section 8.13)

Parking & vehicles

Not permitted unless Association provides advance written permission (Section 8.4)

Architectural approval

Approval of Board or Architectural Control Committee required for any building, fence, electric pet fence, sidewalk, drive, mailbox, satellite dish, or other structure/improvement visible from outside, including exterior changes (Section 7.1)

Signs & flags

Lot Owner may place standard-sized 'for sale' or 'for rent' sign; no other sign visible from outside without Board approval; Declarant/Board may remove violating signs (Section 8.11)

Use restrictions

Each Lot restricted to residential use only (Section 8.2)

Voting & meetings

Class A Members: one vote per Lot owned; Class B Member (Declarant) during Development Period; Class A Members may not vote until Development Period expires (Section 2.4)

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