The Village @ Rockfish Homeowners Association, Inc.

Key facts from The Village @ Rockfish Homeowners Association, Inc.'s documents

Reflects the 2012 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Community (Section 13.4)

Legal name

The Village @ Rockfish Homeowners Association, Inc. (Section 1.5)

Developer / declarant

The Village at Rockfish, LLC, a North Carolina limited liability company (Preamble and Section 1.13)

Governing law

North Carolina Planned Community Act, Chapter 47F of NCGS (Section 1.23)

Assessments & dues

Board of Directors fixes amount at beginning of each calendar year; based on proportion of Lots (except Declarant's unoccupied lots) (Section 5.3.1, 5.3.3)

Special assessments

May levy Special Assessment for capital improvements; if item exceeds $25,000 per item or $50,000 aggregate per year (adjusted for CPI), requires 2/3 vote of each class of members present in person or proxy, unless included in annual budget (Section 5.2)

Collections & liens

Unpaid assessments become lien on Lot; may be foreclosed like mortgage; Association may recover attorneys' fees, costs; lien priority over subsequent liens except taxes and first mortgages filed before lien docketed (Sections 5.8, 5.9)

Reserves & fees

Common Surplus may be applied to reserve; reserves established for capital improvements (Section 5.5, definition of Common Expens)

Pets

Yes, common household pets; not to exceed two of each (cats, dogs); no commercial breeding; must be leashed when not in yard (Section 12.9)

Leasing & rentals

Not explicitly addressed; but 'Tenant' defined and leases allowed (Section 1.31, 3.1.2 references tenants) (Section 1.31, 3.1.2)

Parking & vehicles

Trailers, boats, campers and like recreational vehicles permitted on a lot as long as all reasonable measures taken to make them as unseen as possible from the road (Section 12.10)

Architectural approval

Yes, prior written approval of Association required for construction, alterations, fences, mailboxes, swimming pools, etc. (Sections 12.2, 12.20, 12.21, 12.22)

Signs & flags

Only 'For Sale', 'For Rent' or directional signs allowed, maximum 5 square feet total area; Declarant/Builder signs allowed for development (Sections 12.18, 12.19)

Setbacks / home size

Front building line: minimum 30 feet from front lot line (or from street on corner lots); interior/side yard: 5 feet; rear: 20 feet (Section 12.5)

Maintenance

Association maintains Common Areas; Lot owner maintains Lot, Dwelling Unit, and must repair damage to Common Areas caused by owner or guests (including insurance deductible) (Sections 4.6, 4.7, 4.7.4)

Insurance

Deductible determined by Board; owner responsible for lesser of deductible or repair cost if they cause damage to insured Common Area (Section 7.7)

Use restrictions

Lots shall be used only for residential purposes; only one detached single-family dwelling plus garage (minimum 1-car, maximum 3-car) and appurtenant outbuildings (Section 12.1)

Voting & meetings

Class A Members: each Owner has one vote per Lot upon which a Dwelling Unit has been erected. Class B Member: Declarant during Development Period. Only Class B votes during Development Period. (Sections 4.5.1, 4.5.2, 4.5.3)

Amendments

Declaration runs 20 years, auto-renew 10-year periods; amendment requires 67% vote of membership plus Declarant consent if Class B exists; Declarant may amend unilaterally during Class B existence (Section 13.5)

Amenities

Common Areas include retention ponds, storm drainage, entrance signage, streets, landscaping; potential recreational facilities on 'Recreation and Common Area' designated on plat (Sections 1.11, 1.25)

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