Devonshire

Key facts from Devonshire's documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Section 2.1)

Legal name

Gateway Corner Condominium Owners’ Association, Inc. (Article I, Section 1.3)

Developer / declarant

Jimish Quickel, LLC (Preamble)

Governing law

North Carolina Condominium Act, Chapter 47C of the North Carolina General Statutes (Article I, Section 1.1; Preamble)

Collections & liens

Yes; assessments are a lien on the unit and may be foreclosed under NCGS 47C-3-115/116 (Section 6.1)

Reserves & fees

Bylaws Section 8.6 addresses funds and reserves; specific amounts not stated in excerpt (Bylaws Table of Contents and Section 8.6)

Leasing & rentals

Yes, but non-Declarant unit owners must obtain Board consent (not to be unreasonably withheld) (Article V, Section 5.6)

Parking & vehicles

Common Element parking for temporary parking only; no storage, repair, maintenance, or sales (Section 5.8)

Home business

Not explicitly addressed; all commercial use allowed, so likely any commercial business is permitted subject to other restrictions (Article V, Section 5.3)

Signs & flags

Limited; one nameplate ≤24 sq in on main door; exterior signs in cabinets ≤12'8"x40" subject to Association approval; no "For Sale" or "For Rent" signs without consent; Declarant may maintain advertising signs during control period (Article V, Section 5.5)

Use restrictions

commercial use only; residential prohibited (Section 5.3)

Voting & meetings

One vote per unit; cannot be split; Association may not vote except as provided (Article II, Section 2.6; Bylaws Section )

Amendments

Requires joinder of at least 67% of unit owners; amendments affecting interests (common elements interest, number or boundaries of units, use restrictions) require consent of affected owners and mortgagees; Declarant joinder required during (Article XIII)

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