Greenville (NC)

Key facts from Greenville (NC)'s documents

Community type

Covenant / Planned Community

Legal name

Westhaven South Homeowners Association, Inc. (Article I, Section 1)

Developer / declarant

BVA Credit Corporation (formerly Commonwealth Mortgage Company) (Page 1)

Assessments & dues

maximum annual assessment shall be $200.00 per originally platted lot (Article IV, Section 3)

Special assessments

Association may levy special assessment for capital improvements if approved by 2/3 vote of each class of members (Article IV, Section 4)

Collections & liens

The annual and special assessments ... shall be a charge on the land and shall be a continuing lien upon the property. Association may bring an action at law or foreclose the lien. (Article IV, Sections 1 and 8)

Reserves & fees

interest from the due date at the rate of eighteen percent (18%) per annum (Article IV, Section 8)

Architectural approval

Any plans and specifications prepared and submitted ... which plans and specifications have not been approved or rejected in thirty (30) days, such submission shall be conclusively presumed to have been approved, provided always such plans (Section F)

Use restrictions

All lots in the tract or subdivision shall be known and described as residential lots. (Section A)

Voting & meetings

At the first meeting called for assessment action, presence of members or proxies entitled to cast 60% of all votes of each class constitutes quorum. If quorum not present, subsequent meeting requires one-half of that (30%). (Article IV, Section 5)

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