The Landing at Summerhaven Summerhaven

Key facts from The Landing at Summerhaven Summerhaven's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Community under North Carolina Planned Community Act (Recital C, Page 8; Article I, Page 8)

Developer / declarant

Desco Summerhaven, LLC, a North Carolina limited liability company, 600 Market Street, Suite 206, Chapel Hill, NC 27516 (Recital, Page 8)

Governing law

Chapter 47F of the North Carolina General Statutes (the 'Planned Community Act') (Recital C, Page 8; Article I, Page 8)

Special assessments

Defined and authorized under Section 9.4 for capital improvements, uninsured losses, etc. (Section 2.27, Page 10; Section 9.4 headi)

Collections & liens

Section 9.2 creates a lien and personal obligation for assessments. Specific remedies in Section 9.9 (not fully provided). (Sections 9.2, 9.9 headings; Pages 29, 33)

Reserves & fees

Reasonable reserves for capital repairs and replacements may be included in Neighborhood Expenses (Section 2.22) and likely in Common Expenses budget. (Section 2.22, Page 10)

Leasing & rentals

Yes, Association may not prohibit leasing or require consent for leasing/transfer. However, minimum lease term of six (6) months and Association may otherwise regulate leasing. Exceptions for FHA/VA loans. (Section 4.5.3, Page 16)

Use restrictions

Lots and Common Areas shall be used for residential and related purposes only. Exceptions for Declarant/admin office, model homes, sales offices. Home business ancillary use permitted subject to Rules. (Section 4.1, Page 13)

Voting & meetings

Two classes: Class A (each Owner other than Declarant) gets one vote per Lot. Class B (Declarant) gets 3 votes per Lot it owns plus 1 vote per Lot owned by others. Class B ceases upon certain events. Simple majority vote unless otherwise pr (Section 3.3, Pages 12-13)

Amendments

Declaration may be amended per Article 17.3 (headings) and by Declarant under 11.11. Rules & Regulations may be amended by Declarant (4.4.1), Board (4.4.2), or Members with 50%+ vote (4.4.3). Architectural Guidelines may be amended by Decla (Sections 4.4.1-4.4.3, 5.4.1, 11.11, 17.3)

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