Taylor Glenn

Key facts from Taylor Glenn's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA – Homeowners Association (not condominium; lots are fee simple, common area owned by Association) (Definition of 'Association' and structur)

Legal name

Taylor Glenn of Indian Trail Homeowner's Association, Inc. (Article I, Definition (e) – Association)

Units / lots

Not explicitly stated in the provided text; the development includes single-family lots and potential for townhomes etc. Information is insufficient. (No specific number given.)

Developer / declarant

Insight Communities, LLC, a North Carolina limited liability company (Preamble (page 1 of Declaration text))

Assessments & dues

Not a fixed number; established annually by the Board subject to budget ratification by owners. Maximum annual assessment for 2002 and subsequent years to be determined by Board. (Article V, Section 3 – Maximum Annual As)

Special assessments

For capital improvements: requires assent of 2/3 of votes of each class at a meeting with quorum (60% of combined votes first meeting; subsequent meetings require 1/2 of previous). (Article V, Section 4 and Section 7)

Collections & liens

Assessment constitutes a lien on the lot; can be foreclosed like a deed of trust with power of sale, or by judicial foreclosure. Lien is subordinated to first mortgages except as provided. (Article V, Section 1 (creation of lien),)

Reserves & fees

Board shall establish and maintain an adequate reserve fund for periodic maintenance, repair, and replacement of Common Property improvements. (Article V, Section 2 (paragraph after bu)

Pets

Yes, but subject to rules. Section 5: 'No animals, livestock, or poultry of any kind shall be raised, bred, or kept on any Lot, except that dogs, cats, or other household pets may be kept, provided they are not kept, bred, or maintained for (Article VIII, Section 5 – Animals)

Leasing & rentals

Yes, subject to written lease that incorporates Declaration terms; owner must provide copy to Association upon request. (Article IV, Section 5 – Leases Of Lots o)

Parking & vehicles

Permitted only on paved portion of street and not violating law. (Article VIII, Section 12)

Fences

Article VIII, Section 17 – Fences and Walls: 'All fences and walls shall be subject to the prior approval of the Architectural Control Committee.' No specific height or material mentioned. (Article VIII, Section 17 (from Table of )

Architectural approval

Yes, all Improvements must be approved by the Architectural Control Committee. Article IX, Section 1: 'No Improvement shall be erected, placed, or altered on any Lot until the plans and specifications... have been approved in writing by the (Article IX, Section 1 – General)

Home business

Not explicitly mentioned. However, 'No sign' prohibition and 'nuisance' clause would restrict home businesses. No express prohibition or permission. (Article VIII, Section 4 (nuisance) and S)

Signs & flags

Section 6: 'No signs of any kind shall be displayed to the public view on any Lot or Dwelling Unit except one professional sign of not more than four square feet advertising the property for sale or rent, or signs used by a Builder to adver (Article VIII, Section 6 – Signs)

Setbacks / home size

Section 23 – Building Setback Distances. No specifics given, must be per applicable building codes and recorded plats. (Article VIII, Section 23 (from Table of )

Maintenance

Not explicitly allocated; presumably owner's responsibility as part of dwelling maintenance. (Article XI, Section 2 – Owner's Obligati)

Insurance

Association may obtain hazard, liability, and other insurance for Common Area. No specified coverage amount. (Article VII, Section 1 – Right to Purcha)

Use restrictions

Yes, lots are intended for single-family residential use. Dwelling Unit definition: 'attached or detached dwelling for a single family'. (Article I, Definition (p) – Dwelling Uni)

Voting & meetings

Class A (owners of lots/dwelling units): 1 vote per lot. Class B (Declarant): 3 votes per lot owned until conversion. Two classes until Class B terminates. (Article III, Section 2 – Classes of Voti)

Amendments

Declaration may be amended as provided in Article XII, Section 2. Requires vote of Members (percentage not specified in text provided) but references consent of Declarant while Class B exists. Additional Declarations may be recorded with De (Article XII, Section 2; Article II, Sect)

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