Woodland Village Townhomes (Fayetteville Nc)

Key facts from Woodland Village Townhomes (Fayetteville Nc)'s documents

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

Community type

HOA (Association) (Article III)

Developer / declarant

Elmwood Partners, LLC (Preamble)

Governing law

North Carolina Planned Community Act, Chapter 47F (Section 1.17)

Assessments & dues

Initial $140.00 per Lot per month ($1,680 per year) (Section 4.4)

Special assessments

Not explicitly mentioned; working capital fund covers unforeseen expenditures; common surplus may be applied to reserve fund (Sections 4.2, 4.6)

Collections & liens

Automatic lien on Lot for unpaid assessments; may be foreclosed like a deed of trust; priority over subsequent liens except taxes and recorded mortgages (Sections 4.9, 4.10)

Reserves & fees

Board may apply common surplus to a reserve fund (Section 4.6)

Pets

Yes, subject to restrictions (Section 10.7)

Leasing & rentals

Yes, with restrictions (Section 10.13)

Parking & vehicles

Not specifically addressed; private streets may have parking restrictions by Board (Section 12.1)

Fences

Fences require ARC approval; electric pet fences require prior written consent; no fence/electric fence on Common Area without Board consent (Sections 9.1, 10.7)

Architectural approval

Yes, Board or architectural committee must approve any exterior changes, additions, alterations, including storm doors, windows, etc. (Section 9.1)

Home business

Permitted if office/studio (not music/dance) does not interfere with quiet enjoyment or increase traffic; no other business allowed (Section 10.2)

Signs & flags

American flag allowed; flag otherwise prohibited without consent (Section 10.6)

Maintenance

Association (Section 3.6)

Insurance

If damage caused by Owner/tenant, Owner responsible for deductible as Assessment; Association may choose not to file claim if it could affect premiums (Sections 3.7, 6.7)

Use restrictions

Yes, each Lot restricted to residential use only (Section 10.2)

Voting & meetings

Class A Members: one vote per Lot; Class B Member (Declarant) until Development Period ends; Class A may not vote until Development Period expires (Sections 3.5.1, 3.5.2, 3.5.3)

Amendments

75% vote of Owners (based on votes allocated per Lot) plus Declarant's written consent if Declarant still owns a lot/unit; must be recorded (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.