Marshes Light Master Association

Key facts from Marshes Light Master Association's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Master Association (HOA) with potential Neighborhood Associations (Recitals paragraph D, Section 1.07)

Developer / declarant

Marshes Light LLC, a North Carolina limited liability company (Recitals (first paragraph))

Governing law

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

Assessments & dues

Initial Base Assessment $1,250.00 (Section 7.02(a))

Special assessments

Allowed for unbudgeted expenses; if amount > Base Assessment for year, needs majority Class A + Class B vote; otherwise Board may levy (Section 7.02(b))

Collections & liens

Assessments are a continuing lien on the Unit and a personal obligation; remedies include foreclosure (Section 7.02(c), 7.04)

Reserves & fees

Yes, Board shall prepare and review annually a reserve budget for Common Elements (Section 7.03)

Pets

Yes, reasonable number of dogs, cats, and usual household pets (Section 3.06(b))

Leasing & rentals

Leasing is not prohibited; Association cannot prohibit leasing or transfer (Section 3.05(c))

Parking & vehicles

Prohibited (Section 3.06(a))

Fences

Fences require ARB approval (Section 4.02)

Architectural approval

Yes, for all construction, modifications, plantings, and improvements (Section 4.02)

Home business

Allowed within Unit if not detectable, conforms to zoning, no door-to-door solicitation, no excessive traffic, consistent with residential character (Section 3.06(n))

Use restrictions

Yes, except commercial neighborhoods (Section 3.06(n) exception)

Voting & meetings

Two classes: Class A (all Owners except Declarant) and Class B (Declarant). Votes allocated per Unit based on Neighborhood table in Section 6.03 (Sections 6.03, 6.04)

Amendments

Not detailed in extracted text; Article XIV references amendment (Section 14.02)

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