Adams Point

Key facts from Adams Point's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Governing law

North Carolina Planned Community Act, Chapter 47F of the NC General Statutes (Article I, Section 1(a) (definition of ')

Reserves & fees

Allocations to reserve funds are included in Common Expenses and budgets (Article I, Section 1(i)(9) and Article I)

Pets

Yes - usual and common household pets allowed; no livestock or poultry (Article VIII, Section 14)

Leasing & rentals

Not explicitly prohibited; references to tenants and rental of Living Unit (Article II, Section 8 (builder may rent))

Architectural approval

Prior written approval of Declarant or Architectural Review Board required for any building, fence, structure, change in exterior appearance, mailbox, sign, etc. (Article VII, Sections 2)

Setbacks / home size

In The Woodlands and The Heartlands, Section One: main structure minimum 2,500 square feet (exclusive of porches, carports, garages, decks) (Article VIII, Section 2)

Insurance

Owner shall maintain fire and hazard insurance equal to full insurable value (replacement cost) of Living Unit (Article X, Section 2)

Voting & meetings

Two classes: Class A (all owners except Declarant) - one vote per Lot; Class B (Declarant) - five votes per Lot as may be developed to maximum density, until Class A votes exceed Class B or 10 years from conveyance of first Lot (Article VI, Sections 2)

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