The Courtyards at Walters Farm

Key facts from The Courtyards at Walters Farm's documents

Reflects the 2025 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

The Courtyards at Walters Farm Homeowners Association, Inc. (Section 1.1)

Developer / declarant

Epcon Walters Farm, LLC, a North Carolina limited liability company (First paragraph of Declaration)

Governing law

North Carolina Planned Community Act, N.C.G.S. § 47F-1-101 et seq. (Section 1.1)

Age restriction

At least 80% of occupied Units must have a permanent occupant 55 years of age or older (Qualifying Occupant); exceptions for death, legal separation/divorce, or incapacitation of the sole Qualifying Occupant (Section 3.4(j))

Special assessments

Allowed as provided in Section 8.3 (Section 8.3)

Leasing & rentals

Yes, but Association may restrict leasing of multiple Lots by the same Owner or related persons, require a minimum lease term of up to 12 months, require use of Board-approved lease forms, and adherence to leasing restrictions in Exhibit C (Section 3.4(g))

Home business

Association may prohibit activities not normally associated with property restricted to residential use, and may restrict or prohibit any activities that create monetary costs for Association or other Owners, danger to health or safety, exc (Section 3.4(e))

Signs & flags

Display of the flag of the United States or North Carolina (size no greater than 4x6 feet) is permitted, in accordance with 4 U.S.C. Sections 5-10. No flagpoles may be constructed, installed, erected, or maintained on any Lot or Common Area (Section 3.4(c) and Section 3.4(c) second)

Amendments

During the period Declarant has unilateral amendment rights (Section 17.1), Declarant may amend. After that, Members may amend as provided in Section 17.2, requiring approval of members entitled to cast at least 50% of total Class A votes ( (Article XVII)

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