The Pines at Mcilwaine

Key facts from The Pines at Mcilwaine's documents

Community type

Covenant / Planned Community

Legal name

The Pines At Mcilwaine Homeowners Association

Developer / declarant

SDH CHARLOTTE LLC, a Georgia limited liability company (First sentence of Declaration)

Governing law

North Carolina Planned Community Act, N.C. Gen. Stat. §§ 47F-1-101, et seq. (Last WHEREAS clause, page 7)

Assessments & dues

Not fixed; determined annually by Board based on budget (Section 6.03)

Special assessments

Board may levy special assessments for inadequate budget or capital improvements; each Improved Lot pays equal share (Section 6.04)

Collections & liens

Continuing lien in favor of Association; can foreclose judicially or non-judicially by power of sale (Sections 6.01, 6.07(d))

Reserves & fees

Board may deposit into reserve funds; also working capital reserve from transfer fees (Sections 6.03, 6.06)

Signs & flags

Regulated; political signs regulated (Section 11.08 and initial statement)

Voting & meetings

Two classes: Class A (non-voting until transition) and Class B (full voting); transition upon earlier of Declarant's written notice or end of Development Period (Section 4.03)

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