Towne at Griffith Lakes

Key facts from Towne at Griffith Lakes's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Residential townhome community (WHEREAS clause)

Developer / declarant

Toll Southeast LP Company, Inc., a Delaware corporation (Preamble)

Governing law

North Carolina Planned Community Act, Chapter 47F, North Carolina General Statutes (Section 1.01)

Assessments & dues

Determined by Board; not fixed in Declaration (Section 9.05 Regular Assessments)

Special assessments

Permitted; levied by Board as provided in Section 9.06 (Section 9.06 Special Assessment)

Collections & liens

Association has a lien on a Lot for unpaid assessments; Section 9.01 Covenant to Pay Assessments; Lien (Section 9.01)

Pets

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

Leasing & rentals

Yes, Owners may lease/rent entire Lot only (Section 4.04(b))

Parking & vehicles

Trucks, vans, commercial vehicles allowed temporarily during normal business hours for serving a Unit or Common Areas; no overnight without Board consent; prohibited from parking on Property except in garages? Clarification: trucks (except (Section 7.03)

Architectural approval

Yes, for any exterior addition, change, alteration, fencing, landscaping changes, etc. Plans must be submitted to ARC for approval (Section 7.14(c))

Home business

Permitted if no conflict with local zoning and does not unduly burden traffic; Board discretion on case-by-case basis (Section 7.01)

Signs & flags

Generally prohibited; one sign of reasonable dimensions for sale/rent is allowed; Declarant exempted (Section 7.04)

Maintenance

Association maintains, repairs, replaces roofs on Lots (Section 6.01 (paint, repair, replace and)

Insurance

Association shall obtain property insurance on Common Area and buildings as per Act; liability insurance also required (Section 10.01; Section 10.03)

Use restrictions

Yes, except permissible home businesses that do not conflict with zoning or unduly burden traffic (Section 7.01)

Voting & meetings

Each Member (Owner) has voting power; total Voting Power allocated to Members not suspended (Section 1.27 Voting Power; Section 8.03 )

Amendments

Termination requires 80% vote of total Voting Power and written consent of 80% of Mortgagees (Section 2.03). Amendment procedure not detailed but likely similar high threshold; Article 15 may contain amendment provisions (not fully excerpte (Section 2.03; Article XV)

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