Copper Mill

Key facts from Copper Mill's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Exclusive residential community of single-family attached residential lots (townhomes) known as Copper Mill (Recitals, Page 1)

Governing law

North Carolina Planned Community Act, Chapter 47F, North Carolina General Statutes (Article I, Section Eleven)

Assessments & dues

Maximum annual assessment until January 1 of the year after first Lot conveyance: $2,604.00 per Lot (Article V, Section Four)

Special assessments

May be levied by Board assent for capital improvements, unforeseen expenses, etc.; must be equitably apportioned if only benefiting particular Lots (Article V, Section Five)

Collections & liens

Assessments constitute a continuing lien on the Lot; Association may foreclose and bring personal action; attorneys fees and costs added; lien subordinate to first mortgages and ad valorem taxes (Article V, Sections Nine and Ten)

Reserves & fees

Association shall establish and maintain adequate reserves for periodic maintenance, repair, replacement of Common Area improvements and unforeseen expenses (Article V, Section Three)

Pets

Dogs, cats or other household pets allowed, but not to exceed a total of two (2) such animals; no animals, livestock or poultry raised, bred or kept for commercial purposes; hamsters, small birds, fish, constantly caged animals excepted; li (Article IX, Section Nine)

Leasing & rentals

Yes, with restrictions: minimum lease term of 6 months; no transient/short-term rentals; rental cap of 25% of all Lots at any time; notice to Board required; lease must be in writing subject to Declaration, Bylaws, rules; Owner remains liab (Article IX, Section Seven)

Architectural approval

Submit three copies of plans and specifications to Board or Committee; approval in writing as to harmony of external design and location; no specific timeline given (Article VII)

Home business

Home offices are allowed provided they do not cause disturbance or annoyance to other Occupants within the Properties (Article IX, Section Six)

Insurance

Association shall purchase insurance on all buildings and improvements on Properties and all personal property of Association in Common Area, with coverage equal to 100% insurable replacement value, including fire, extended coverage, and ot (Article VIII, Section One (b) and (c))

Use restrictions

Lots shall be used for residential purposes; no garage, outbuilding, or appurtenant structure shall be used for residence except as provided (Article IX, Section Six)

Voting & meetings

Class A: Owners (1 vote per Lot); Class B: Declarant (6 votes per Lot until 100% sold or 7 years after recording of this Declaration or later addition, whichever occurs first) (Article IV, Section Two)

Amendments

Declarant may unilaterally amend as long as it owns any Property, provided no material adverse effect on voting rights, assessment burdens, or title without Owner consent; after Declarant control ends, amendment by membership vote? Not spec (Article XII, Section Three)

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