Donaldson Landing

Key facts from Donaldson Landing's documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Art. 1.8 - Condominium)

Developer / declarant

JIMISH QUICKEL, LLC, a North Carolina limited liability company (Opening paragraph)

Governing law

North Carolina Condominium Act, Chapter 47C of the North Carolina General Statutes (Article 1.1)

Assessments & dues

Board prepares budget and levies assessment after notice (Bylaws 8.3)

Special assessments

Board may levy special assessments for any purpose (Bylaws Section 8.7)

Collections & liens

Assessments are a lien on the Unit; may be foreclosed per N.C. Gen. Stat. §47C-3-115 and §47C-3-116 (Section 6.1)

Reserves & fees

Allocations to reserves included in Common Expenses (Section 1.7; Bylaws Section 8.6)

Leasing & rentals

yes, but for non-declarant owners requires board consent (Art. 5.6)

Parking & vehicles

temporary parking only; no storage, repair, maintenance, or sales (Art. 5.8)

Architectural approval

Board approval required for alterations of Common Elements; Unit alterations subject to Bylaws (Article 2.4, 5.17)

Signs & flags

Name plate (max 24 sq in) on main door; one exterior sign per Unit in signage cabinet (max 12'8" length, 40" height) subject to Association approval; no For Sale/Rent signs without Declarant/Board consent (Section 5.5)

Setbacks / home size

650 square feet minimum floor space per unit (Article 2.4)

Maintenance

Common Elements (part of building exterior) - Association responsibility (Article 1.6 (Common Elements includes ro)

Insurance

casualty at least 80% replacement cost; public liability at least $2,000,000 per occurrence (Art. 8.1 and 8.2)

Use restrictions

commercial only; residential prohibited (Art. 5.3 and Bylaws Art. XII, Sec. 12.1()

Voting & meetings

Each Unit has one vote, allocated equally (Section 2.6; Bylaws Section 3.6)

Amendments

Requires 67% of Unit Owners for most amendments; amendments affecting interests or boundaries require consent of affected Owners and Mortgagees; no amendment during Declarant Control Period without Declarant joinder (Article XIII)

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