Aberdeen Village

Key facts from Aberdeen Village's documents

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

Community type

Residential subdivision with single-family dwellings (Recital B, Section 10.2)

Legal name

Aberdeen Village Homeowners Association, Inc. (Section 1.5, Section 4.1)

Units / lots

Each Lot one Dwelling Unit; total initially 40 (Section 1.17, 1.20)

Developer / declarant

Aberdeen Village, LLC, a North Carolina limited liability company, address: 516-D River Highway #284, Mooresville, North Carolina 28117 (Preamble)

Governing law

North Carolina Planned Community Act (Chapter 47F of the NC General Statutes) (Section 1.24)

Assessments & dues

Set by Board each year; not fixed in Declaration (Section 5.5.1)

Special assessments

Board may levy Special Assessments for capital improvements; if item exceeds $25,000 or aggregate $50,000 per year, requires two-thirds vote of each Class (with Declarant's consent during Development Period); limit adjusted annually by grea (Section 5.2)

Collections & liens

Unpaid Assessments become continuing lien on Lot; may be foreclosed like mortgage; priority over subsequent liens except real estate taxes and first mortgages recorded before lien docketed; Association entitled to reasonable attorneys' fees (Section 5.10, 5.11, 5.17.3)

Reserves & fees

Association may establish reserve funds as part of Common Expenses; surplus may be applied to reserve (Section 1.13 (last sentence), Section 5.)

Pets

Not explicitly addressed in extracted text; but pet damage to Common Areas is Owner's responsibility (Section 4.7.5, 5.4)

Leasing & rentals

Owner may have tenants; Tenant has non-transferable right to use Common Areas; no explicit prohibition (Section 1.33, Section 3.1)

Fences

Fences require architectural approval; privacy fence is part of Common Areas (Section 1.12 lists privacy fence as Common Area) (Section 9.1, Section 1.12)

Architectural approval

Yes, for all exterior improvements, additions, alterations, fences, driveways, mailboxes, landscaping, etc. except original construction by Declarant. Plans must be submitted to Board or architectural control committee for written approval (Section 9.1)

Home business

Permitted only if law, quiet enjoyment, and normal traffic/individuals not increased; home-based piano instruction specifically allowed, but music/dance studio otherwise prohibited (Section 10.2)

Signs & flags

Only flag of United States of America or State of North Carolina permitted without prior consent (Section 10.6)

Maintenance

Association maintains Common Areas; Lot Owner maintains Dwelling Unit interior and exterior (including doors, windows, HVAC, plumbing, roof, gutters, brick, etc.). Lot Owner responsible for damage to Common Areas caused by them or their inv (Section 4.6, 4.7, 1.13)

Insurance

Deductible amount determined by Board; Lot Owner responsible for lesser of deductible or repair cost if they cause damage (Section 7.1.2, 7.7)

Use restrictions

Each Lot used only for single-family residential purposes unless Board authorizes other use; no business, trade, industry, occupation or profession allowed except Declarant's activities and limited home office/studio (one-on-one piano instr (Section 10.2)

Voting & meetings

Class A Members: one vote per Lot owned; Class B Member (Declarant) during Development Period with votes as per Section 4.5.3; Class A Members not entitled to vote until expiration of Development Period (Section 4.5.1, 4.5.2, 4.5.3)

Amendments

Not fully specified in this extract; Declaration may be amended as set forth in the document (likely Section 1.11 includes amendment) (Section 1.11)

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