Eagle Pointe (NC)

Key facts from Eagle Pointe (NC)'s documents

Reflects the 2014 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

North Carolina Planned Community (single-family attached homes) (Article IV Section 8 (NCGS Chapter 47F);)

Developer / declarant

Keystone Group, Inc., a North Carolina Corporation (Opening paragraph)

Governing law

North Carolina Planned Community Act, NC Gen. Stat. Chapter 47F (Article IV Section 8)

Assessments & dues

$1,860.00 per Lot initially (Article IV Section 3)

Special assessments

Requires 2/3 vote of each class plus Declarant consent during control period (Article IV Section 4)

Collections & liens

Assessments become lien when claim of lien filed; may be foreclosed like deed of trust; subordinate to first mortgage (Article IV Sections 1, 10)

Reserves & fees

Association shall establish and maintain adequate reserve fund for periodic maintenance, repair, replacement of improvements (Article IV Section 2(b))

Pets

Yes – dogs (except Chows, Rottweilers, Pit Bull Terriers), cats, other household pets (Article VII Section 5)

Leasing & rentals

Yes, with restrictions (Article II Section 5)

Parking & vehicles

Boats, jet skis, motorcycles, trailers, campers, recreational vehicles not allowed visible from street (Article VII Section 4)

Architectural approval

Yes – prior written approval for any improvement, alteration, change in paint color, excavation, landscaping, exterior decoration, etc. (Article V Section 1)

Home business

Permitted only as home office in one room, with no exterior evidence, no clients, no nuisance (Article VII Section 12)

Signs & flags

US and NC flags (max 4x6 ft); one For Sale sign; one Security System sign; two political signs (max 2x2 ft, 6 ft from front, 45 days before election, remove 7 days after). Others require approval. (Article VII Section 8)

Setbacks / home size

950 sq ft heated floor for single story; 1,100 sq ft for 1.5, 2, or 3 story (Article VII Section 2)

Voting & meetings

One vote per Lot for Class A Members; Class B (Declarant) has five votes per lot not conveyed (Article III Sections 1-2)

Amenities

Possible improvements include parking, streets, walking trails, recreational facilities, tennis courts, putting greens, swimming pools, pool houses, club houses (Article II Section 2)

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