Grand Preserve

Key facts from Grand Preserve's documents

Reflects the 2026 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

homeowners_association (Article I, Section 1.1)

Legal name

Grand Preserve

Developer / declarant

Knotts Development Resources, Inc., a North Carolina corporation (Opening paragraph)

Assessments & dues

$2,120 maximum per Lot until year after first Lot sold (Article V, Section 5.4)

Special assessments

Allowed with 5/8 vote of each class (Article V, Section 5.5)

Collections & liens

Assessment liens, subordinate to first mortgages, may be foreclosed (Article V, Sections 5.2 and 5.10)

Reserves & fees

$1,000 initiation fee per first sale of improved Lot (Article V, Section 5.9)

Pets

Household pets only, reasonable numbers, no livestock/poultry (Article VI, Section 6.8)

Leasing & rentals

true (Article VI, Section 6.19)

Fences

Fences allowed with initial construction or ACC approval; no chain link fences (Article VI, Section 6.6)

Architectural approval

true (Article VI, Section 6.2)

Home business

Allowed ancillary business not detectable from exterior, no regular visits, etc. (Article VI, Section 6.3)

Signs & flags

One For Sale/For Rent sign per Lot, max 2x2 ft; Declarant/Builders may have signs on unsold Lots (Article VI, Section 6.9)

Setbacks / home size

Front building setback line as per recorded plat; deviation up to 10% allowed (Article VI, Section 6.4)

Use restrictions

true (Article VI, Section 6.3)

Voting & meetings

Two classes: Class A (1 vote per Lot), Class B (10 votes per Lot for Declarant/Builders) (Article IV, Section 4.2)

Amendments

Requires 60% of Owners and Declarant consent; Declarant may amend for minor errors or FHA/VA changes (Article VIII, Section 8.3)

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