Shiloh Trace

Key facts from Shiloh Trace's documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Subdivision (Article I, Section 1.1)

Governing law

North Carolina non-profit corporation law (reference to Articles of Incorporation and Bylaws) (Section 2.1)

Assessments & dues

Not fixed; set annually by Board based on budget, at a uniform rate per Lot (Section 7.3)

Special assessments

Board may levy special assessments for any purpose relating to permissible activities of the Association. (Section 7.2.2)

Collections & liens

Unpaid assessments become a lien on the Lot; lien superior except for ad valorem taxes and first mortgage; Association may foreclose; personal obligation also exists. (Section 7.1, Section 7.4)

Reserves & fees

Annual assessments may include reserves for deferred maintenance of Common Area; funds must be separately accounted for. (Section 7.2.1)

Pets

Yes, animals kept for pleasure only; no commercial or breeding use. Dangerous or nuisance animals may be removed. (Section 10.14)

Leasing & rentals

Yes, for residential purposes only. (Section 10.4)

Fences

Only four types allowed: split three-rail with mesh (4 ft), wooden picket with scalloped tops (4 ft), black aluminum (4 ft), white vinyl (4 ft). No chain link or 6 ft privacy fencing. (Section 10.16)

Architectural approval

All improvements (except initial construction) require written approval from ARB; plans and specifications must be submitted. (Section 6.1)

Home business

Business allowed only with prior written Board approval and compliance with applicable zoning. (Section 10.1)

Setbacks / home size

Each detached single-family residence must have at least 1,500 sq ft of heated and air conditioned living area. (Section 10.2)

Insurance

Each Owner must maintain blanket all-risk casualty insurance on Lot and structures, plus liability policy. If Owner fails, Association may obtain and assess cost. (Section 10.36)

Use restrictions

Lots may be used only for residential dwellings; no business or commercial building except model homes or with Board approval and zoning compliance. (Section 10.1)

Voting & meetings

Two classes: Class A (each Owner, one vote per Lot); Class B (Developer, three votes per Lot). Class B converts to Class A upon earliest of: Class A votes equal Class B, December 31, 2010, 90% Lots conveyed, or Developer terminates. (Section 4.2)

Amendments

Amendment requires Owners holding two-thirds (2/3) or more of total votes; recorded in Union County; while Class B membership exists and HUD/VA have mortgages, HUD/VA approval required for annexation, dedication of Common Area, or amendment (Section 12.5)

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