The Cottages at Swift Creek

Key facts from The Cottages at Swift Creek's documents

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

Community type

HOA (Declaration of planned community)

Legal name

The Cottages at Swift Creek Homeowners Association, Inc. (Article I Section 2)

Governing law

North Carolina Planned Community Act (Chapter 47F of the General Statutes of North Carolina) (Article I Section 1)

Assessments & dues

Declarant sets initially; after Class B lots cease, Board adopts budget, Members can reject (Article V Section 3)

Special assessments

Yes, for capital improvements or other purposes; requires same assent as budget (majority or 80% if increase exceeds 10%, etc.) (Article V Section 4)

Collections & liens

Yes, assessments become lien; may be foreclosed; subject to NC Act (Article V Section 1 and Section 9)

Reserves & fees

As established by Board; if not paid within 10 days, late charge; if not paid within 30 days, interest 18% per annum (Article V Section 9)

Pets

Yes, cats, dogs, other household pets; no commercial breeding; no nuisance (Article X Section 7)

Leasing & rentals

Yes (Article X Section 14)

Parking & vehicles

Not explicitly addressed; but no parking on unpaved areas (Article X Section 10)

Fences

Walls, fences, planters, hedges require ARC approval (Article X Section 11)

Architectural approval

Yes, for all improvements (Article VIII Section 1)

Signs & flags

Political signs allowed (max 24x24 inches, placed 45 days before election, removed 7 days after); no other signs; Declarant/Builder may erect signs (Article X Section 8)

Setbacks / home size

1550 square feet of enclosed dwelling area (excluding garage, decks, etc.) (Article X Section 15)

Maintenance

Owner (as part of Dwelling maintenance) (Article X Section 3)

Insurance

Association shall procure liability, hazard (full replacement value) and other insurance (Article IX Section 4)

Use restrictions

Yes; no trade, business, garage sale, etc. except home business not detectable and conforming to zoning (Article X Section 1)

Amendments

Declarant can amend without consent while owns lots; after Class B ends, 75% of lots for first 25 years, then 67%; termination requires 80%; Declarant must approve as long as Class B exists (Article XI Section 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.