Coventry Glen (NC)

Key facts from Coventry Glen (NC)'s documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

residential community of single-family detached Houses (PAGE 1, Background Statement)

Legal name

Coventry Glen Homeowners Association, Inc. (Article I, Definitions, B38818 - P 346)

Developer / declarant

JPO Mayes, L.P., a North Carolina limited partnership (Preamble, B38818 - P 345)

Governing law

North Carolina Planned Community Act (N.C.G.S. Chapter 47F) (STATEMENT OF DECLARATION, B38818 - P 346)

Assessments & dues

Set by Board; no maximum during Declarant Control Period; after, Maximum Annual Assessment increases by 10% per year without vote, may be increased further by majority vote. (PAGE 15, Section 5.3)

Collections & liens

Unpaid assessments, interest, late fees, and attorney's fees are a continuing lien on the Lot and a personal obligation of the Owner. Association may foreclose the lien in the same manner as a mortgage or deed of trust under NC law. (Section 5.7, B38818 - P 361)

Reserves & fees

Association may establish and maintain reserve funds for periodic maintenance, repair, replacement of Common Elements and/or Roadways, funded from assessments. (Section 3.4, B38818 - P 352)

Signs & flags

Document regulates or prohibits display of political signs and US/NC flags. (PAGE 1, notice on first page)

Insurance

Property insurance covering Common Elements at 100% replacement cost; liability insurance; fidelity insurance. (PAGE 20-21, Section 7.1(a)-(c))

Use restrictions

Implied; Lots are for single-family detached Houses only. (PAGE 1, Background Statement)

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