Diamond Shoals

Key facts from Diamond Shoals's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Diamond Shoals Homeowners Association, Inc. (Section 2.B)

Units / lots

24 (twelve stated in Section 4, but schedule in Section 5.B lists 24 units: 101A-304B) (Section 4 and Section 5.B)

Developer / declarant

Diamond Shoals, Ltd., a North Carolina corporation (Section 2.K)

Governing law

Chapter 47A of the General Statutes of North Carolina (Unit Ownership Act) (Section 1.A.1)

Reserves & fees

Capital improvements reserve included in budget (Bylaws Article III Section 13.A.2)

Pets

Yes, subject to association regulations; no other animals, livestock, or poultry; association may declare a pet a nuisance and require removal (Declaration Section 8.E)

Leasing & rentals

Yes, owner may rent or lease unit himself or through an agent (Declaration Section 8.A)

Use restrictions

Units shall be used for single‑family residencies, vacation or resort living; no commercial, professional, or home business; no hotel/motel use (Declaration Section 8.A)

Voting & meetings

Percentage vote equal to percentage of ownership of general common elements (1/24 per unit) (Bylaws Article II Section 1)

Amendments

By resolution with approval of not less than 75% of entire membership; no discrimination against unit owners without consent; no change in common‑element share or expense share without owner and lienholder joinder; amendment recorded in Dar (Declaration Section 17)

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