Lakeview on Old Honeycutt Road Owners Association

Key facts from Lakeview on Old Honeycutt Road Owners Association's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Community (WHEREAS: 'creates a planned community un)

Legal name

Lakeview on Old Honeycutt Road Owners Association, Inc. (Section 1.7)

Developer / declarant

Meritage Homes of the Carolinas, Inc. (Prepared by line and WHEREAS)

Governing law

North Carolina Planned Community Act (N.C. Gen. Stat. Chap. 47F) (WHEREAS and Section 1.1)

Assessments & dues

Set annually by Board budget (Section 4.3)

Special assessments

Requires assent of 2/3 of votes cast at meeting (Section 4.4)

Collections & liens

Assessment Lien; priority subordinate to tax liens and first mortgages; foreclosure allowed; demand required before filing (Section 4.7, 4.8)

Reserves & fees

May establish and maintain reserve fund from annual assessments (Section 4.10)

Pets

Yes, dogs, cats, or other common household pets determined acceptable by Board (Section 5.16)

Leasing & rentals

Yes, with restrictions (Section 5.15)

Parking & vehicles

Prohibited except as allowed for oversized vehicles (daylight only and must be removed at night) (Section 5.5)

Architectural approval

Yes, Architectural Committee approval required for external design, appearance, and use of property (Section 3.4 and Section 5.2)

Home business

Permitted if in accordance with applicable municipal ordinances for home business in residential districts (Section 5.1)

Signs & flags

Document regulates or prohibits display of US flag and NC flag (statements required by North Carolina Planned Community Act) (First page of document)

Maintenance

Association maintains Common Areas and Stormwater Control Facilities; Owners responsible for their Lots (but not detailed) (Section 4.2, Section 1.43)

Use restrictions

All lots improved and used only for Single Family Residential Use (Section 5.1)

Voting & meetings

Class A (1 vote per lot) and Class B (10 votes per lot for Declarant and Designated Builder) (Section 3.7)

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