The Landings Condominium

Key facts from The Landings Condominium's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title and Article I)

Units / lots

80 (40 Residential, 40 Parking) (Article III.1)

Developer / declarant

68 Craven, LLC, a Pennsylvania Limited Liability Company (Preamble)

Governing law

North Carolina Condominium Act, Chapter 47C (Preamble and Article I)

Special assessments

Fines considered Special Assessments; capital improvements over 5% of annual budget require Majority Vote (Article VII.4(h), VIII.1(h))

Collections & liens

Board may file lien against unit after 30 days of delinquency (Article VIII.1(b))

Reserves & fees

Replacement Reserves defined as assessments held by Association for future replacement costs (Article II.29)

Pets

Yes, dogs and cats only, max 2 per unit, combined weight max 80 lbs (Article VI.3(k))

Home business

Home office and artist studios allowed with no clients or customers permitted (Article VI.3(a))

Use restrictions

Residential Units shall be occupied and used for residential purposes only (Article VI.3(a))

Voting & meetings

Residential Unit owners vote on all matters except Parking Garage Issues, where both Residential and Parking Unit owners vote. Each Residential Unit owner has one vote; each Parking Unit owner has one vote on Parking Garage Issues. (Article VII.3)

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