Walden at Providence

Key facts from Walden at Providence's documents

Reflects the 1985 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Walden at Providence Homeowners Association, Inc.) (Article I Section 1)

Units / lots

28 (Lots #1-9, #10-23, #24-28 inclusive) (Restrictive Covenants WHEREAS paragraph)

Developer / declarant

Weddington Properties No. Two, Inc. (Introduction (first paragraph))

Assessments & dues

$195.00 per owner of each dwelling unit or unimproved lot, due January 1 (Article II Section 1)

Special assessments

Association may levy special assessments for supplementing annual assessments, with assent of majority of each class; amount may differ between dwelling unit owners and unimproved lot owners (Article II Section 1)

Collections & liens

Association has lien on lot/dwelling unit for unpaid assessments and may enforce collection including reasonable attorneys' fees (Article IV Section 1)

Reserves & fees

Interest at rate determined by Board, not exceeding highest legal rate, on assessments unpaid after 30 days (Article IV Section 1)

Pets

Only dogs, cats, and horses; no other animals or poultry (Restrictive Covenant 8)

Architectural approval

Yes, prior written approval of Declarant or assigns for any improvements, including plans and location (Restrictive Covenant 2)

Signs & flags

Only "For Rent" or "For Sale" signs not exceeding 2 feet by 3 feet allowed on lots; Declarant may maintain larger signs at sales center (Restrictive Covenant 15)

Setbacks / home size

Front: 100 feet from street right-of-way; side street (corner): 40 feet; side lot line: 15 feet; rear: 40 feet. For corner lots, front is shorter street line. For triangular lots, front is line adjacent to road right-of-way. (Restrictive Covenant 5)

Maintenance

Association responsible for maintenance of roads and common property. Owners responsible for repairs necessitated by their negligence (e.g., unloading building materials on street). (Article II Section 2; Article IV Section)

Use restrictions

Lots shall be used for residential purposes only (Restrictive Covenant 1)

Voting & meetings

Two classes: Class A (owners except Declarant) – one vote per lot or dwelling unit; Class B (Declarant) – votes equal to total Class A votes plus one (majority). Class B ends January 1, 1991 or when Declarant voluntarily relinquishes contro (Article III Sections 1, 2)

Amendments

Covenants run for 30 years from recording, then auto-extend for successive 10-year periods, unless an instrument signed by majority of then owners is recorded to change them (Restrictive Covenant 19)

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