Wilgrove Pond

Key facts from Wilgrove Pond's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Page 695: planned residential community;)

Legal name

The Wilgrove Pond Homeowner's Association, Inc. (Section 2.1.7)

Units / lots

37 (lots 1 through 37) with provision for additional lots via subdivision (Section 2.1.25)

Developer / declarant

MTS CLT, LLC, a North Carolina limited liability company (B34780 - P 695 (Article I heading) and 2)

Governing law

North Carolina Planned Community Act, N.C.G.S. § 47F-1-101, et seq. (Section 1.1)

Assessments & dues

Set by Board annually; not specified in declaration (Page 706: Section 6.2.2; Board calculate)

Special assessments

Requires affirmative vote of more than 50% of votes of Lots subject to the assessment and, during Declarant Control Period, written consent of Declarant (Section 6.3)

Collections & liens

Lien on Lot after 30 days; judicial foreclosure allowed (Page 708: Section 6.6)

Reserves & fees

Budget must include a reasonable contribution to a reserve fund for repair/replacement of capital items (Section 6.2.1)

Leasing & rentals

Leasing is permitted; Association may restrict leasing of multiple Lots by same Owner and require minimum lease term up to 12 months; may require use of approved lease forms (Section 7.4.8)

Fences

Subject to design approval; no specific rule in declaration (Not mentioned in declaration)

Architectural approval

Reviewer determines within 30 days of completed application; deemed approved if no response 15 days after follow-up notice (Page 714: Section 8.3.3(b)-(c))

Home business

Not specifically addressed; general prohibition of activities not normally associated with residential use (Page 711: Section 7.4.6)

Signs & flags

Political signs allowed but regulated: no earlier than 45 days before election, removed within 7 days after; size and number regulated (Page 710: Section 7.4.4)

Maintenance

Association maintains Area of Common Responsibility; Owner maintains Lot and certain adjacent areas (Pages 701, 715: Sections 5.2 and 9.1)

Insurance

Treated as Common Expense; may be assessed to responsible Owner if due to negligence/willful misconduct (Page 702: Section 5.3.2)

Use restrictions

Implied; community defined as residential project (Page 695: planned residential community)

Voting & meetings

Class A: one vote per Lot; Class B: Declarant with consent rights (Pages 700, 709: Section 4.3.1 and 4.3.2)

Amendments

Declarant may amend unilaterally during control period; Members require 67% of Class A votes after control period; requires consent of Declarant during control period (Pages 730-731: Article XVII (not fully i)

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