Lochridge Homeowners Association Inc

Key facts from Lochridge Homeowners Association Inc's documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Community (Recitals, Article 1 (Act definition))

Governing law

North Carolina Planned Community Act, Chapter 47F, N.C. Gen. Stat. (Recitals, Article 1 (Act definition))

Assessments & dues

Set by Board in accordance with Article 9 (Sections 9.05, 9.06)

Special assessments

Authorized by Sections 9.06 and 9.07 (Sections 9.06, 9.07; Article 9)

Reserves & fees

Required; Sections 9.04 (Reserve Funds) and 9.14 (Reserves for Stormwater Repair and Reconstruction) (Sections 9.04, 9.14)

Pets

Yes: dogs, cats, or other household pets, not for commercial purposes (Section 7.08(a))

Leasing & rentals

Yes, but only entire Lot; not less than entire Lot (Section 4.04(b))

Parking & vehicles

Prohibited except as may be permitted by Rules and Regulations (Section 7.03)

Fences

Fences require ACC approval; chain link fencing expressly prohibited (Section 7.07)

Architectural approval

Prior written approval of Architectural Control Committee required for any new construction, modifications, alterations, fences, shrubbery, etc. (Article 13, Sections 13.01, 13.02; Secti)

Home business

Permitted if does not conflict with zoning, materials stored inside, no undue burden; Board discretion for Owners; Declarant and Approved Builders exempt (Section 7.01)

Signs & flags

Permitted: one for-sale sign up to 9 sq ft; political signs up to 9 sq ft, placed no earlier than 45 days before election, removed within 7 days after. Other signs prohibited without ACC approval. For-rent signs prohibited. (Section 7.04)

Use restrictions

Lots shall be used for residential purposes and for no other purpose (Section 7.01)

Voting & meetings

Each Member has votes as allocated; Voting Power defined; Article 8 governs (Article 1 (Voting Power definition); Art)

Amendments

Section 18.10 (not fully extracted); termination requires 90% Voting Power (Section 2.04) (Sections 2.04, 18.10)

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