Athens Acres New Bern Homeowners Association, Inc.

Key facts from Athens Acres New Bern Homeowners Association, Inc.'s documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned community subject to Chapter 47F of North Carolina General Statutes (Article II)

Developer / declarant

PHOENIX DERBY PARK, LLC, a North Carolina limited liability company (Preamble; Article I Section 6)

Governing law

North Carolina Planned Community Act (Chapter 47F) (Article II)

Assessments & dues

Maximum $250.00 per Lot per year (Article VII Section 2)

Special assessments

Allowed for capital improvements or unanticipated expenses; requires owner notice at least 30 days prior to meeting; Declarant and Builder exempt from paying (Article VII Section 5)

Collections & liens

Unpaid assessments, interest, costs, and attorneys fees become a lien on the Lot; Association may foreclose; lien subordinate to first mortgage (Article VII Sections 1, 7, 8)

Reserves & fees

Association must establish and maintain adequate reserve funds for periodic maintenance, repair, and replacement of Common Area improvements (Article VII Section 3)

Pets

Yes, dogs, cats, or usual household pets (Article V Section 9)

Leasing & rentals

Yes, for residential purposes (Article V Section 7)

Parking & vehicles

Commercial vehicles prohibited except pick-up trucks or SUVs; other commercial vehicles, buses, etc. allowed only if kept in garage for periods not exceeding 48 consecutive hours (Article V Section 6)

Fences

ARC approval required; no uncoated chain link or barbed wire (Article V Section 19)

Architectural approval

Yes, for all exterior construction, alteration, addition, landscaping (Article V Section 4)

Home business

Permitted within dwelling if no external signs, no retail customers, no business activity outside (Article V Section 3)

Setbacks / home size

Minimum building setback lines as shown on recorded Plat (Article V Section 38)

Insurance

Association maintains hazard and liability insurance on Common Area (Article VII Section 2)

Use restrictions

Each Lot used exclusively for single-family, non-transient residential purposes (Article V Section 3)

Voting & meetings

Two classes: Class A (Owners, 1 vote per Lot) and Class B (Declarant and Builder, 6 votes per Lot); Class B terminates when all Lots conveyed to non-Declarant/Builder or Declarant elects (Article IV Section 2)

Amendments

Declarant may amend unilaterally during Declarant Development Period for compliance with law, title insurance, lender requirements; otherwise amendment by 2/3 of Owners and Declarant consent (if Declarant still owns property) per duration e (Article X Section 4; Article X Section 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.