Avenue at White Oak Homeowners Association Inc

Key facts from Avenue at White Oak Homeowners Association Inc's documents

Community type

Covenant / Planned Community

Legal name

Avenue at White Oak Homeowners Association Inc

Developer / declarant

Pulte Home Company, LLC (Opening paragraph)

Governing law

North Carolina Planned Community Act (G.S. 47F) (Article I Definitions – "Act")

Assessments & dues

$1,140.00 per year ($95.00 per month) initially (Article IV, Section 3)

Special assessments

allowed; after Declarant Development Period requires 2/3 of votes present; before expiration, if >5% of budgeted expenses requires 2/3; if ≤5% Board may levy alone (Article IV, Section 7)

Collections & liens

Yes; after 30 days unpaid, lien may be filed and foreclosed; first mortgage holder not liable for prior assessments (Article IV, Section 4)

Reserves & fees

Capital Reserve fund of $250 per Lot paid by Declarant (Article XV) (Article XV – Capitalization of Associati)

Architectural approval

Yes for exterior construction/alteration (Article VI, Section 3)

Home business

Allowed with conditions: no display, no traffic, no outside storage, owner/resident only, local approvals, Board approval and annual registration (Article VI, Section 2)

Signs & flags

Only one sign for sale/rent, max 6 sq ft, displayed inside window or interior; political signs regulated; US/NC flag display regulated (Article VI, Section 4 and cover page)

Maintenance

Association replaces roofs on 20-25 year schedule (Article V, Section 1(d))

Use restrictions

Yes, except Declarant sales offices/model homes and permitted home businesses (Article VI, Section 2)

Voting & meetings

Class A (owners): 1 vote per Lot; Class B (Declarant): 3 votes per Lot during Declarant Control Period (Article III, Section 1)

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