Morgan Park Homeowners Association Inc

Key facts from Morgan Park Homeowners Association Inc's documents

Reflects the 2015 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Morgan Park Homeowners Association, Inc.) (page BK015992PG00083 WHEREAS clause)

Developer / declarant

RES-NC ONE, LLC, a Florida limited liability company (page BK015992PG00082)

Governing law

North Carolina Planned Community Act (N.C. Gen. Stat. Chap. 47F) (WHEREAS clause, page BK015992PG00083)

Assessments & dues

Board determines Annual Assessment to fund Common Expenses (Article 1 definition of Annual Assessmen)

Special assessments

Yes, defined and authorized (Article 1 definition of Special Assessme)

Collections & liens

Yes, assessments secured by lien in accordance with N.C. Gen. Stat. § 47F-3-116 (Section 4.12, page BK015992PG00095)

Pets

Yes, dogs, cats, or other household pets, not for commercial purposes (Section 7.08(a), page BK015992PG00103)

Leasing & rentals

Leasing is implicitly allowed as Declaration references tenants; but specific leasing restrictions not detailed in extracted portion (Section 4.03, page BK015992PG00092 permi)

Parking & vehicles

Overnight parking on street rights-of-way not allowed unless permitted by Town Code (Section 7.03, page BK015992PG00102)

Fences

Chain link fencing expressly prohibited; no fence or wall without prior ACC approval (Section 7.07, page BK015992PG00103)

Architectural approval

Yes, prior written approval of Architectural Control Committee for fences, walls, antennas, satellite dishes, hedges, shrubbery, and other improvements as per Article 13 (Sections 7.05, 7.07, and Article 13 refe)

Home business

Permitted if does not conflict with local zoning, does not unduly burden traffic or cause excessive non-resident parking; Board has discretion (Section 7.01, page BK015992PG00101)

Signs & flags

This document regulates or prohibits display of the flag of the United States of America or the State of North Carolina (note: specific restrictions not detailed but declared on first page) (First page, BK015992PG00081)

Maintenance

Owner responsible for maintenance, repair, replacement of residential dwelling including roof (implied by Section 6.02(x)) (Section 6.02(x), page BK015992PG00098)

Insurance

Association may purchase hazard, liability, casualty, and other insurance as required or authorized (Article 1 Common Expenses definition (iv)

Use restrictions

Yes, Lots shall be used for residential purposes and no other purpose except limited home business (Section 7.01, page BK015992PG00101)

Voting & meetings

Voting Power allocated to Members; includes Declarant as to any Lot owned (Article 1 definition of Voting Power, pa)

Amendments

Termination requires affirmative vote of 90% Voting Power; amendment procedure not fully described (likely per Act) (Section 2.04, page BK015992PG00089)

Amenities

Recreation Center, Pool, Cabana, Shared Walkway Easement to Greenway Park, and other Common Area facilities (Article 1 Common Area definition, page B)

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