Planter's Walk Owners Association, Inc.

Key facts from Planter's Walk Owners Association, Inc.'s documents

Reflects the 1986 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Residential subdivision (ARTICLE 2 – APPLICABILITY: Lots to be us)

Units / lots

Not explicitly stated; all numbered lots except Lot 56 are subject. Subdivision includes Phase I and Phase II shown on recorded plats. (Article 2 and Preamble)

Governing law

North Carolina Nonprofit Corporation Act (Chapter 55A) (ARTICLE 3.A – reference to rules and req)

Assessments & dues

Maximum $100 per Lot commencing January 1, 1988. No assessments before that date. (Article 6.B)

Special assessments

May be levied by Board or members by majority vote for purposes including covering deficits and capital improvements. Also for enforcement costs (Article 12 violation). (Article 7)

Collections & liens

Unpaid assessment (general or special) after 30 days due constitutes a lien on the Lot. Corporation may record notice of lien or file suit, including notice of lis pendens and foreclosure action. Lien subordinate to first mortgage. Sale or (Article 8, Article 6.F)

Reserves & fees

Community Expenses include any reasonable reserve as found necessary by Board. (Article 1.E)

Pets

Yes – dogs, cats, or other household pets in reasonable number may be kept, but not for commercial purpose and must not constitute danger or nuisance. (Article 12.J and Article 12.N)

Leasing & rentals

Not explicitly restricted; residential use allowed, so leasing presumably permitted, but no specific provisions. (Document does not address)

Parking & vehicles

Prohibited entirely. (Article 12.H)

Fences

Fence construction requires Committee approval. No fence along front lot line or side lot line adjoining a street except split-rail wooden fence of not more than 2 horizontal rails. No chain link fence or fence over 4 feet height, except Co (Article 12.P)

Architectural approval

Yes – Architectural Standards Committee (ASC) approval required for any construction, including site work, changes, additions, modifications. No construction shall take place until approval obtained. Committee has exclusive jurisdiction. (Article 11.A, 11.B)

Signs & flags

Mail/paper boxes must be of standard design approved by Committee. Sign easements reserved. No specific prohibitions on other signs, but Committee approval likely needed via architectural standards. (Article 12.I, Article 10.B (sign easemen)

Setbacks / home size

Minimum building setback lines as shown on recorded plat; if not shown, 25 feet from street. Minimum side line: 10 feet; rear line: 15 feet. Eaves, steps, stoops, fireplace chases not considered part of building. Error less than 10% of setb (Article 12.D)

Maintenance

Not assigned; presumably owner since part of Lot improvements. (Document does not address)

Insurance

Corporation insures Community Use Areas; no details on scope. (Article 5.A)

Use restrictions

Each Lot shall be used only for single family residential purposes. No mobile home, trailer, tent, or temporary residence. (Article 12.A, Article 12.M)

Voting & meetings

Each Lot owner has one vote per Lot. If multiple owners of a Lot, they determine how to cast the single vote. No fractional votes. Bylaws: Class A and Class B members. Class B member (Developer) has additional rights. (Article 3.D; Bylaws Article II.2.8 and I)

Amendments

First 20 years: amendment requires 90% of Lot Owners. Thereafter: 75% of Lot Owners. No amendment may alter obligation to pay Community Expenses, affect lien, or change Developer's reserved rights. Must be recorded with marginal entry on or (Article 15)

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