Carolina Greens

Key facts from Carolina Greens's documents

Reflects the 1988 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Carolina Greens Association

Units / lots

23 (Lots 1 through 23) in Phase One (Article I, Section 5: 'tracts numbered 1)

Assessments & dues

Maximum $600 per lot initially, until January 1 after first lot conveyance (Article V, Section 3)

Special assessments

Authorized by Article V, Section 1 (special assessments to be established and collected) (Article V, Section 1)

Collections & liens

Assessments constitute a lien on the lot; Association may foreclose. Lien subordinate to first mortgage. Foreclosure of first mortgage extinguishes prior assessments. (Article V, Sections 7 and 8)

Reserves & fees

$10 per lot per month administrative late fee added to delinquent assessment (Bylaws Article X)

Use restrictions

Single-family residential only; no business, apartment house, double house, lodging house, or multiple-family dwelling (Article VIII, Section 1)

Voting & meetings

Class A: one vote per lot; Class B (Declarant): three votes per lot (Article IV, Section 2)

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