Woodland Village Townhomes

Key facts from Woodland Village Townhomes's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Section 1.3 defines Association as Woodl)

Developer / declarant

Elmwood Partners, 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 regular Assessment is $140.00 per Lot per month. (Section 4.4)

Collections & liens

Unpaid Assessments become a continuing lien on the Lot. Lien may be foreclosed like a deed of trust under power of sale in accordance with the Planned Community Act. Lien priority over later liens except real estate taxes and previously rec (Section 4.9, 4.10)

Reserves & fees

Common surplus may be applied to a reserve fund at Board's discretion. Working capital fund also exists for unforeseen expenditures. (Section 4.6, Section 4.2)

Pets

Yes, subject to restrictions. Maximum two dogs, two cats, or one of each, or two other household pets. No breeding or commercial purpose. Must be kept within Owner's Unit except when on a hand leash. No pet may be staked, housed, tied up, o (Section 10.7)

Leasing & rentals

Yes, subject to conditions: entire Townhome Unit must be leased; term may not be less than six (6) months; not for transient or hotel purposes. Lease must be in writing, subject to Declaration, Bylaws, and Rules and Regulations. Copy of lea (Section 10.13)

Parking & vehicles

Exclusively commercial vehicles are considered Special Vehicles and cannot be parked on the property unless inside a garage with door closed. (Section 10.4)

Fences

Fences require prior written approval from Board. No Lot Owner shall install a fence and/or electric fence on any portion of the Common Area without prior written consent of the Board. Limited Common Areas (patios) are separated by wood or (Section 9.1, Section 10.7, Section 2.5)

Architectural approval

Yes. No building, fence, electric pet fence, sidewalk, drive, mailbox, other structure, or exterior addition/change (including color) shall be erected, placed, altered, or maintained until plans are submitted to and approved in writing by t (Section 9.1)

Home business

An Owner may use a portion of the Townhome Unit for an office or studio (other than music/dance) provided the activities do not interfere with quiet enjoyment or increase normal traffic. (Section 10.2)

Signs & flags

American flag is excepted from the general restriction on flags. Otherwise, no flag (except American flag) without prior written consent of Association. (Section 10.6 ("flag (except the American)

Maintenance

Association: exterior maintenance of Townhome Units (roof, exterior surfaces, paved driveways/walkways, fence, plumbing/utility lines up to lot boundary), landscaping of yards and grounds of each Lot and Common Areas (except Restricted Use (Section 3.6, Section 3.7)

Insurance

To the extent Common Area damage is an insurable loss and insurance proceeds are used, the affected Owner shall be responsible for payment of the deductible as an Assessment. (Section 3.7 final paragraph)

Use restrictions

Each Lot is restricted to residential use only. No business, trade, etc., except Declarant's construction, sales, and management activities. Home office/studio allowed if no interference with quiet enjoyment or increase in traffic. (Section 10.2)

Voting & meetings

Each Member (Owner) has one vote per Lot owned. Class A Members (all owners except Declarant) cannot vote until Development Period ends. Declarant (Class B) votes during Development Period. (Section 3.5.3; Section 3.5.1; Section 3.)

Amendments

Unit Owners may amend by affirmative vote or written agreement of Owners holding not less than 75% of all votes. Any amendment must be in writing and recorded in Cumberland County Registry. If Declarant still owns any Lot within the Townhom (Section 11.3)

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